Doing fixer uppers is great way to appreciate homes quicker, however if you find a place that is renter ready right away you can make cash flow quick, build your reserves, then remodel down the road!

I’m looking to complete a remodel on a unit of a duplex.

Buyers will probably snap up an easy remodel faster than a gut job.

I've been a remodeling contractor for over a decade and have flipped 3 houses.

The whole place needs a facelift and I would work on the outside and as tenants moved out I would remodel and work the price up per square foot for new tenants.

The formula is simple: I take properties that are outdated at market value, (almost impossible to do deals below market here) and I simply add square footage usually by converting the basement, (cost $400 to $500 a sq ft) then I sell them at $1,500 to $2,000 a sq ft Bought for instance 2312 Washington st at $4.8mil and added sq ft as well as remodeled the rest of it then sold it at $9,950,000My total cost incl closing fees and interest etc were $3,000,000 (rounded up) so net was over $2,000,000 in profits) Been doing that since 2007 and even when market dropped in 2008, 09, 10 and 11 all my deals were insanely profitable) you can see my fund and many similar deals at www.migsif.com currently we have 7 properties in SF being rehabbed and will all be sold at a profit despite Covid-19 Ironically we also have some residential rentals in the greater Dayton Ohio area and had at one time over 30 of these but now only 10 left that are rehabbed and continue to cash flow nicely with a local Mgmt co in place.

I am currently looking for a trusted contractor to remodel one of my unit bathrooms.

Want to remodel before we offer it.

I avoid companies with this fee as well, but I also wouldn't trust a PM to fully handle a large repair or remodel without input from me.

Go see a remodeler/architect.