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8 April 2019 | 7 replies
By unsanitary are you talking hoarder unsanitary or just messy?
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2 April 2019 | 2 replies
If you have carpet on the floors, also charge for carpet cleaning.
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8 April 2019 | 17 replies
The vacant unit just needs carpet cleaning but then it'll be ready to rent, according to the seller.
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4 April 2019 | 8 replies
The bedroom has carpet and it got soaked.
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8 April 2019 | 28 replies
., as opposed to a physical notebook that would get messy after awhile.
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12 April 2019 | 6 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 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.
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7 April 2019 | 9 replies
I target lipstick rehabs; paint+carpet+fixtures = $10k.
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6 April 2019 | 9 replies
You may need some new paint, carpets, landscaping, cleaning, or just general maintenance.
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21 December 2020 | 22 replies
But the useful life of carpet may only be 7 years (I'm making that up).
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5 April 2019 | 6 replies
In a low income area, old (but clean) carpet, laminate counter tops, low-end appliances…etc are all perfectly fine and generally commensurate with market expectations—especially if you price it aggressively.To a family with low income, stable housing is far more important that high end finishes generally speaking.But, in a high income area, the quality of finishes will be a major determinant in desirability and you are going to have a tenant pool less resistant to moving if necessary to find a home that they feel is “worth their money” as well as greater disposable income to pay for what they really want compared to just what they need.But, as a layer deeper than just the quality of finishes, you need to perform quality maintenance.What this means is, when there is a problem, you need to actually solve it, not just paper it over for repeated headaches for your tenant.Imagine you have a sewer main that needs repair or replacement.The tenant’s toilet gets stopped up and overflows.