You’d need to increase value to the house, add a bedroom, bathroom, significantly upgrade the kitchen/bath, etc. good luck!

Hello BP, As a full time real estate Investor and creating content through interviews I find myself growing quickly and one of the areas I lack in is consistent social media strategy.

Thanks @Merrick Loveland I guess what I meant by spec is the fact that they are very similar finishes, and slightly lower grade materials than I would put in any of my flips at that price range, especially in the bathrooms and kitchen to be more specific.

Frankly, if you trust small time real estate investors, or your own gut, to succeed where those people have failed, then boy have I got something to sell you.

And kitchen cabinets.

If you did an inspection on it, some of those should have come out but you should look at the bigger items (roof, furnace, flooring, bathroom, kitchen) and see if those are in fair condition, at least to get you started.

I trust her judgment completely.I have had several deals sent to me first before being offered to other investors.As a recnet example of a deal we analyzed was a wholesale SFH in a pretty decent shape in Phoenix selling for 310k with a 400k ARV if finished nicely (kitchen, flooring, bathrooms - mostly cosmetic).This is one of the better deals and would actually make a nice flip but for a BRRRR to work there, I need to be @300k after rehab so looks like this property is selling 40-50k too high.Most of the deals I find are seeing similar purchase price to ARV spreads.Id love to get some advice!

Sounds like rehabbing a kitchen/bathroom, knocking down walls, and adding on rooms will come later down the road when I already have established equity to use towards paying on the rehab.

This is my first post so in case bartering is not kosher, I'll be sure to adjust :)  I'm having a harder time estimating labor rates than material costs, which you can look up one at a time on lowes or home depot websites.Any advice for a first timer trying to build good estimates to check against contractor bids and also know if a property is worth bidding on before hauling a bunch of people through wasting all of our time.Any help is greatly appreciated and Happy New Year to you all.

@Matt "Roar" @Lucas Carl is going to have a hard time renting it in the off season at all if we park the family in it for the winter like I plan to!