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All Forum Posts by: Jeff Modjeska

Jeff Modjeska has started 3 posts and replied 25 times.

Starting Out

Post: Should I jump into a major rehab with the cost of materials

Jeff ModjeskaPosted
  • Banker
  • Posts 25
  • Votes 7

Thank you Andrew how do you approach estimating a major rehab in your analysis of a potential property?

0 Votes
Starting Out

Post: Should I jump into a major rehab with the cost of materials

Jeff ModjeskaPosted
  • Banker
  • Posts 25
  • Votes 7

I do use this formula when analysing a potential property! Thanks

0 Votes
Starting Out

Post: Should I jump into a major rehab with the cost of materials

Jeff ModjeskaPosted
  • Banker
  • Posts 25
  • Votes 7

Thanks for the tip I will definitely look into this!

0 Votes
Starting Out

Post: Should I jump into a major rehab with the cost of materials

Jeff ModjeskaPosted
  • Banker
  • Posts 25
  • Votes 7

Amazing! Wish I had their budget as well!

0 Votes
Starting Out

Post: Should I jump into a major rehab with the cost of materials

Jeff ModjeskaPosted
  • Banker
  • Posts 25
  • Votes 7

Great Tip Matthew, I will also buy all materials and have them delivered onsite to help control costs....

Thank You!

0 Votes
Starting Out

Post: Should I jump into a major rehab with the cost of materials

Jeff ModjeskaPosted
  • Banker
  • Posts 25
  • Votes 7

Thanks Brock, I plan to pad my rehab cost by an additional 20-25% when making offers on major rehabs...

0 Votes
Starting Out

Post: Should I jump into a major rehab with the cost of materials

Jeff ModjeskaPosted
  • Banker
  • Posts 25
  • Votes 7

Thank you everyone I really appreciate this group and all the suggestions that were posted in this thread! 

1 Vote
Starting Out

Post: Should I jump into a major rehab with the cost of materials

Jeff ModjeskaPosted
  • Banker
  • Posts 25
  • Votes 7

I have done a major rehab about 10 years ago, I would certainly consider buying a property that required less work. Unfortunately I have not run across a good deal that would cash flow and not require a lot of work... 

0 Votes
Starting Out

Post: Should I jump into a major rehab with the cost of materials

Jeff ModjeskaPosted
  • Banker
  • Posts 25
  • Votes 7

Great points, I appreciate your feedback!

0 Votes
Starting Out

Post: Should I jump into a major rehab with the cost of materials

Jeff ModjeskaPosted
  • Banker
  • Posts 25
  • Votes 7

Thanks for your comment Ian!

0 Votes