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Hey, I’ve got a quick question, got a minute?🙂 I found a rental deal that fits my criteria, but it’s 8hours, 3 minutes from me. I really want to make an offer, but how does one estimate rehab costs, especially so far ...
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Hello BP Fam!I have often considered, if a property is so rough that it's a total gut, have we gotten to the point of full tear down and home replacement vs rehabbing being more cost effective and yielding higher retu...
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Hi there,I was wondering if anyone had any interesting deals with contractors to offer them a piece of the pie when rehabbing a house. The ultimate goal is to keep the construction costs low which gives you bigger ret...
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I have been having problems with the BP fix and flip calculator exporting the rehab cost details to PDF. I use the advanced feature to break down rehab costs by category, but all the costs show up as "misc" when expo...
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Hello,
Looking into buying a 2 story 1944sqft home. It needs a total rehab. The home will be gutted. Home was built in 1915. The wholesaler told my partner and I it will need about $75K in rehab work. I had 2 contrac...
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Wife just got a call that buyer's bank is asking about purchase price of the our first flip set to close on 3/8. they wanted to know the purchase price and rehab costs.
anyone know why they would need it. I want to...
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I'm trying to understand the 50% rule when it comes to houses that need work. I think the best thing to do would be to spell out the deal I have now and let people offer their input. I have a single family home under ...
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I was wondering if anyone knows what the average cost per square foot for a full gut rehab? Mid-range rehab? and cosmetic touch up? in the Kansas City area. Thanks a lot.
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Hey BP!Does anyone have experience in using delayed bank financing and rolling the rehab costs into the price of the mortgage with the bank? I’ve heard this can be achieved by asking the title company to add your cont...
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I have just finished “The Book On Estimating Rehab Costs” by J Scott, and I’m curious what formats and strategies you intermediate/experienced investors have to estimate your rehabs? Do you guys use a specific “fill i...