Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Alles Andrea

Alles Andrea has started 1 posts and replied 2 times.

Jay Johal - no not all units have meters / kitchen only two of the units, but they have devided the home into 4 rented units .  It sounds like 150-200 is doable . We really like the location of the home and the lot size . I think we might look into putting a lowball offer in and see. Have you done a complete gut in San Diego ? What was your experience ? 

Looking for some insight from other who have done rehabs in San Diego . 

We are looking at a property in San Diego for our family and were wondering what it would cost to rehab a 2500 sqf home . 

The home was built in  1940  the current homeowners haven't done much since they have used the home as a rental for the past 20 years . The home is currently  divided into 4 units . 

We are looking to combine the units and live in about 1900 sqf and rent out the one bedroom that was built onto the house . 

It looks like the home needs a lot of work we are not familiar how much we would have to budget for in order for this purchase to make sense . 

It looks like it would need proper insulation , possibly a new roof , electrical, plumbing, central Heating and Air installed to all rooms, walls moved to make it into 2 units instead of currently the four it has, kitchen and bathrooms installed, painted on the outside ect .  

We have never purchased an old home but really like the neighborhood and would like to purchase this home . 

BUT 

the home does need a lot of work and I guess it comes down to the fact that it would need to be fully gutted to make it work for us . (The home is definitely not just a cosmetic fixer) 

We would like to get an idea on how much it would cost us to have a  home of this size gutted before we make an offer on such a fixer . 

Any tips/ insight ect are welcome .