A local realtor estimated that, after a few more cosmetic improvements, 2 weeks of ads, and 2 consecutive openhose weekends, we would likely gross $336,000 to $355,000.

A local realtor estimated that, after a few more cosmetic improvements, 2 weeks of ads, and 2 consecutive open house weekends, we would likely gross $336,000 to $355,000.

@Cody Neumann I'm getting an estimate from a foundation repair company on Friday.

But I think the only way to get a rehab estimate is to send your contractor and / or inspector out.

If you can't see the condition of the property, it'd be hard to accurately estimate what the repair costs will be.

@Lauren RodriguezThe Art Of The DealRich Dad, Poor DadThe Book On Investing In Real Estate With No (and Low) Money DownThe Book On Flipping HousesThe Book On Estimating Rehab CostsReal Estate Investing Gone BadFlipThe Book On Tax Strategies For The Savvy Real Estate InvestorThe Flipping BlueprintDictionary Of Real Estate TermsRaising Private CapitalThe Book On Negotiating Real EstateFlip Your FutureFix And Flip Your Way To Financial Freedom

Granted, this rehab is our house, so we went a little further than we would for a flip.But to summarize the same things: first major delay was windows taking 8+ weeks over the buffered estimate.  

From that, you know your expenses, so you can estimate your cash flow.2)  If the result from #1 is a good cash flow, cash out refi if you can (probably won't get the full $750k, maybe only like $500k), use part of the new cash to provide the cash requirement (d/p and closing costs) for a new deal, and because rent tends to be low in the Tampa area relative to home prices to buy, I'd actually rent in a cheaper area of Tampa. 

Recapture is not usually underwritten usually because it’s too nebulous and far in the future to estimate reasonably.Returns are based on actual cash flows from the deals and the individuals are responsible for managing their personal tax strategies.

I have an opportunity with a 2/1 pocket listing with an ask of $489k (sellers paid $350k in 2020) - how should I confirm estimated long term rental income in Historic Kenwood?