
20 November 2020 | 4 replies
Some details about the house:- 3 Bed/2 Bath located in Old Town Scottsdale, AZ- Tile flooring throughout entirety of house- New roof installed within last 8 years (passed inspection so not planning to fix yet)- Carport in large driveway that covers about 20'x20'- Backyard space that has old brick/uneven rocks and ugly railroad tie rock gardens- Kitchen (with no oven) that will need a remodel- Single pane windows throughout entirety of house.

24 November 2020 | 3 replies
A good Property Manager should lay out the triggers of communication and the expectation of timeframes on such events as turnover, collections, response times on emails, renewals, and overall just communication.

20 November 2020 | 0 replies
SPC will stand up to dents much better (WPC – wood-plastic core / SPC – stone-plastic core).If you need sound dampening, I recommend installing a loose lay with a sound dampening underlayment.

21 November 2020 | 6 replies
If you want to have better numbers to refer to in your rehab, you can just go to Home Depot and check out prices for tile, carpet, etc.

21 January 2021 | 45 replies
I'm just laying out the factual negatives.

24 November 2020 | 17 replies
Items that I like to see original but in good condition are wood trim/custom finishes, windows (really love sagging glass in an old English Boroque style sash window with 6-8 panes, but only if they’re in decent condition and not too rotten to be repaired), fireplaces, custom masonry, claw foot tubs, and even tile/bathroom/kitchen features and fixtures as tenants love that old-timey charm (as long as it’s well-cared for and still functional of course).

23 November 2020 | 0 replies
This would be a glue down tile.

24 November 2020 | 3 replies
This would be a glue down tile.

29 November 2020 | 4 replies
My thing is I'm in Chicago, so if I choose to start off by wholesaling, Mostly all, if Not all of my deals are going to have to be virtual - which then means, (I think), that I would have to have boots on the ground wherever the property is, for someone to lay eyes on it.

28 November 2020 | 2 replies
This will help you get a better idea of what tile, hardwood, carpet, plumbing fixtures and light fixtures costs for your rehabs.#3 Contact Local Contractors for Labor PricingCall local Subcontractors and get budget pricing for common repairs on your typical rehab project.For example, call a roofer and ask what their average cost per Square of Architectural Asphalt Shingle Roofing would be on a 1,500 sf house, with a 6/12 pitch.Note: Some contractors will be reluctant to share pricing without seeing the property, but tell them you are just looking for a rough budget number you can use on future projects.#4 Compile Your Prices into a Spreadsheet or Estimating SoftwareOnce you start to get a better understanding of Labor and Material costs you will want to store this data into a spreadsheet or software that you can use to help you streamline the estimating process.The Book on Estimating Rehab Costs comes with a spreadsheet that you can use to help you populate your own database of labor pricing and material pricing.