Likewise, you want to have enough cash flow to cover possible capital expenditures like hvac, roofs, etc. that cost more than say repainting a room.Calculate your total out of pocket cost, say for example, 10% down on $80k plus $4k for closing costs, inspections, etc and another $1k per unit repairs.

The switch plate covers come down to repaint and if they're old or cream colored they don't go back up.

Bill Gulley I am talking about kitchen table cloth, repainting the kitchen the same old color for the past several years, putting new kitchen rugs on the floor, new kitchen curtains, and adding new bathroom shower curtains.Sam W.

They will still need to repaint the interior, but I'm even giving them the paint.

Curious what other s are paying for some wallpaper removal/patch repair/crack repair and for repainting a room- ceilings, walls, trim.

The property is currently listed for $70,000 but needs about $30,000 worth of work (floors need to be replaced, all moldings need to be replaced, all walls need to be repainted, caulk around all windows is black and needs to be replaced, a lot of doors are broken, AC units needs to be replaced, room most likely needs to be replaced, two large trees may need to be removed to prevent foundation damage).The property has been on the market for about 5 months and there aren't any offers on it.

One home was repainted and carpeted last year and he doesn't think it needs any work.

With the limited number of comps, it's hard to tell though.After figuring up costs to refinish floors, gut and update the bathroom, update the kitchen, and repaint interior/exterior, I estimate the repairs to be around 14k.

One repaint and recarpet on a vacancy will put you over that, not including the missed rent.

I would like to renovate the kitchen, repaint, and furnish and equip the unit, so I am setting my max budget at $50k.