Aloha,Be sure you closely examine and understand the Reserve Funding Plan (and the operating budget) for any condos prior to purchase.

We typically work with clients on budgets of $500,000 to $10mm.

We stayed on budget give or take a thousand dollars or so.

Please advise.Wayne Hayward@Wayne Hayward - include your holding cost / cost of capital in your rehab budget and aim to keep everything in total under 70% so you have a 30% true margin.  

I've gone over budget by about $5,000 and am looking for ways to save money.I've looked through pictures of the other kitchens provided in the CMA/ on the MLS. 

Unfortunately, I don't have the budget for that now, so it's all on me to do as much of the grind as I can. 

Ideally, you'd build up savings to eventually cover 6 months to a year of your annual budget.   

Factoring timelines and renovation budgets.

I didn't budget for that or a new parking lot, but I went ahead with both and finished it right.

I didn't budget for that or a new parking lot, but I went ahead and finished it right.