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18 December 2024 | 5 replies
Are there separate gas, electric and water meters for each apartment?
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27 December 2024 | 0 replies
I then hired contractors for plumbing, electrical, roofing, and HVAC upgrades.
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25 December 2024 | 11 replies
If you have the electrical capacity and the drain I would spend the $1600-$1,800 to buy the MUCH nicer ventless GE or LG all in one units.
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6 January 2025 | 8 replies
And as investors we should know this, but always anticipate higher costs and longer waits.EXAMPLE Breakdown of Costs:Plan Purchase: $1,500Permitting Fees: $2,500-7,500Site Preparation (grading, utilities, foundation): $20,000–$30,000ADUs require separate utility connections for water, electricity, and sewer but you can tap into existing utilities at the primary houseIn Raleigh you CANNOT split lots fee simple, so setting up completely separate utilities would not allow you to section off the ADU as of nowYour ADU must be on a permanent foundation (no wheels, no ability to move the structure)Construction (labor and materials): $100,000–$150,000Low-grade: $150–$180/sq ft averageMid-grade: $180–$220/sq ft averageHigh-end: $220–$250/sq ft averageLandscaping/Finishing Touches: $5,000Total Estimated Cost: $125,000–$200,000You could easily spend $200k+ with super end high finishes, custom designs, complicated sitework, adding a second story or more sqft, etc.
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27 December 2024 | 0 replies
I then hired contractors for plumbing, electrical, roofing, and HVAC upgrades.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3158834/small_1734567597-avatar-kurtiss25.jpg?twic=v1/output=image&v=2)
28 December 2024 | 1 reply
Once the interior was stripped and the infrastructure tested, I brought in commercial contractors to handle critical systems like plumbing, electrical, roofing, and HVAC installation.The house, built in the early 1900s, was originally a coal-burning residence.
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19 January 2025 | 269 replies
If any one can recommend a good REI focused lawyer or a building engineer to do a building survey then please let me know!
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26 December 2024 | 0 replies
Purchase price: $630,000 Cash invested: $120,000 Gutted this property, brand new electrical, furnace, propane, finished basement to create separate unit.New garage with rental unit.
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29 December 2024 | 5 replies
Told him I have a rule never east anything out of a frig with the electric off for 6 years!
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5 February 2025 | 29 replies
Where I see my clients do really well for their clients is the HVAC is brand new electrical panel new Roof brand new etc etc.. kind of like those that buy new construction for rentals those folks are paying full retail for those..