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Hello everyone,I heard that when estimating costs for rehabbing a Multi-Family Purchase, someinvestors will estimate rehab costs as being somewhere from $10 to $25 per square foot. A 1200 sf unit would range from abo...
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As Posted in Subject.Im Sending an ITEMIZED ESTIMATION of REHAB COSTS to my AGENT to Send "WITH MY OFFER"I Felt this was a good idea so they Realize how much Money is needed to Have it to Code.Do you think this is a g...
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So I've read @J Scott's The Book on Flipping Houses, purchased the Enterprise Edition of the house flipping spreadsheet, navigated Homewyse.com for hours, and I'm still stuck. I have absolutely no experience in cons...
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My realtor called into question my calculation when I stated that the CAP rate is low on a specific property she was showing. I had included rehab & closing costs. I have heard in podcasts about targeting 10% CAP ...
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Hi everyone,I'm planning on doing my first BRRRR this year but will need to go out of state as the numbers don't work in the area I live in. I would definitely hearing feedback from other out of state investors as to ...
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Hello fellow Chicago BPers,
I just bought my first rental property in Chicago last June. It's a 3-unit property. I'm currently renting out the bottom and top units, with me living in the middle one. I also Airbnb m...
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Hi all,I have the money needed for the down payment on a rental property, but not sure if I have the money to cover repairs. When I buy the home (say it’s $100,000), I have the $20,000, but I don’t have the $10,000 fo...
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I found a property that's $200-300 below market rent and needs some work. How do I estimate what rehab cost would make the rent worth raising $200-300? Is there a formula to calculate this?
Really new investors here. We’ve looked at several properties but have no idea what we’re getting into cost wise, for updates and general fix ups. Is there any good rules of thumb or tools out there to help calculate ...
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Hey guys I've been doing a lot of improvements on our properties. Particularly roofs and other general construction. Why is the price so high.
Are there places where u can go to find general costs of things from til...