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Updated about 4 years ago on . Most recent reply

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7
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5
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Sarah Laird
  • Rental Property Investor
  • Montana
5
Votes |
7
Posts

Hello! Unfinished basement

Sarah Laird
  • Rental Property Investor
  • Montana
Posted

Hi! I'm new here, and have been absorbing all the great information on this site. I kinda feel like I'm on information overload. How do you factor in unfinished space into deal analyzing? Example: ''1 Br/1Ba with unfinished potential for basement studio" is how the post reads. Do you factor it in as repairs estimating the cost of finishing the unit? With just the one unit, the property makes no sens. With two units, makes pretty good sense. Just curious. Thanks so much!

Most Popular Reply

User Stats

360
Posts
323
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Ryan Cleary
  • Real Estate Agent
  • Saint Lucie, FL
323
Votes |
360
Posts
Ryan Cleary
  • Real Estate Agent
  • Saint Lucie, FL
Replied

Hey Sarah,

I believe the bp calculator gives you the option to add any renovations you plan on making as well as your expected arv

  • Ryan Cleary
  • [email protected]
  • 561-850-8229
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