You should have a good idea if it's hardwood, even the size of wood by the location, area and age of the home.While I'd peek in to a boarded up building I never broke in, if the owner is there they can open it up!

Hi,What would it cost to rehab a 6000 sq feet house with Viking sub zero appliances, hard wood floor in all areas , finished basement, tray ceilings, iPad controlled audio, tv, electrical system, new roof , ultra luxury bathroom (s)with Carrera marble, extremely energy efficient windows and walls, cat 6 cable wiring everywhere.House is 6 BED6 BR with all brick and stone on outside with everything else gutted inside .Lot size is more than half acre.Please ask any questions if I have left any details.PS Similar houses in that subdivision which are > 25 years old sell for 1.7-2 million.PPS I was planning to build new house on a vacant smaller lot, but since new property came up have decided to explore it.Thanks.

The original wood burning kitchen stove was 6-8 feet long & she used the larger oven to warm newborn lambs that were abandoned by their mothers (her husband was a Vet).

However an economic profit considers not only the dollar return but the risk and your time.Economic profit = Account Profit + Risk Premium + Value of your time.Since an investment in your own debt is risk free and requires virtually no time the Economic Profit = Account Profit.

My property manager charges me with 20% premium of any repair costs when they act as general contractor to sub contractors.

The wood is rotting around the door frames and are about to fall in.

For instance, 10+ yrs ago while my wife and I were shopping for our first home together, we visited a house that had 3 very memorable traits:1) The attached garage had been converted to a gigantic living room/man cave with the biggest TV I'd seen at the time, several couches, a pool table, dart board, foosball table, and a huge wood burning fireplace.

Twenty years ago is was a percentage of the trade amount, unless you were trading "odd lots" (not multiples of 100 shares) in which case you paid a premium.

I've written a good bit about this...check out some of my BP blog posts for more info.Lastly, as a very general rule of thumb (in other words, could be meaningless where you are), I'd be paying about $30/square foot to finish out the property (assuming exterior was already finished).At 1600 square feet, that would be about $50K, which for lower-end finishes and in my area is about right...though you may pay a 10-15% premium for a GC, so if it were me, I'd budget $60K...

I think there's a delineation to be made when we talk about foreclosure filings: defaults filed and actual completed foreclosure.In my neck of the woods (Orange County, CA) there's been a 80% increase in defaults but a 6% decrease in completed foreclosures, according to the LA times.