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Updated over 5 years ago on . Most recent reply

User Stats

161
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75
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Wei Jie Yang
  • New York City
75
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161
Posts

Mainstay Property Group

Wei Jie Yang
  • New York City
Posted

Hi Guys,

I am thinking about working with Mainstay Property Group out in Indy. Anybody used them? How on time were they with renovations? How accurate were their ARV, rehab costs, and time management?

Most Popular Reply

User Stats

14
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6
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Cindy Grigsby
  • Indianapolis, IN
6
Votes |
14
Posts
Cindy Grigsby
  • Indianapolis, IN
Replied

I think you may have seen my previous post, but if not then I'll also reply here.

As far as ARV, they were pretty much right on. I had comps run by a realtor who also backed their numbers up on that. So I would give them an A.

Rehab Costs- we ended up spending about 30K MORE than what they estimated. AND we had to repair all the shoddy work that their construction team did. - F

Time Management- they said it would take 6 weeks. It took about 6 months. F

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