.#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.

They will lend based on lot rent so you need to know how much the average lot rent is.. homes in the park will not have much impact on the loan..

Hi Cody,If you are purchasing a home at 550k with 30k in renovations needed, with an ARV of say, $600k>= you will lose money.The average cost of sale is an absolute minimum of 3.5% when you factor in the buyer's agent's 2.5%, and closing costs 1-2%.$600k * 3.5% = $21,000 | $600k - $21k = $579,000 or ($1,000)  You would also need to have a broker's license in this scenario as well. 

What is the average Cap Rate in North Hollywood and Echo Park?

A year ago, I opened my own real estate brokerage, and last year I completed 45 transaction (most of them in the 60k range, on average). 

They generally take the average of houses around the property even when there can be huge differences in curb appeal, updates, design and maintenance in the houses.

I initially marketed it for $1300/month which is on the higher end for this particular street, but still about $50-75/month under the average for a 3 bedroom in Plainfield. 

That mean on average about 12 people are moving to Bend every day making it one of the most popular cities to move to in the US.After reading Long-Distance Real Estate Investing by "David Greene," I have realized that investing in Bend-Redmond might be a great move.The unaffordability in most places of California is pushing more people to expand up to Oregon and East to places like Las Vegas which has also seen a significant increase in population growth. 

I generally get a little more than Joe with my average being about $10,000 but don't get greedy.

Hello everyone, I have two HELOC one at 4.5 interest and the other at 5.5 interest.My question is am I paying a total of 10 percent on both loan or an average of 5 percent on my loans.