2 September 2016 | 28 replies
Defer like kitchen cabinets, hardwood flooring ......
6 April 2017 | 29 replies
I got the inspection report back stating roof was approximately 8 years old (supposed to be new), furnace approximlatey 15 years old, AC unit 10, soffits hanging down, rotted door threshold, bedroom door that doens't latch, front door that has gaps to the exterior, electrical ground cut, a/c condenser line broken, basement foundation cracked, counter tops lift off (not sealed to cabinet), toilet loose, driveway and walkway leading to front door cracked, iron sewer line leaking, bathroom sink has leak in pipe (in the line, under the sinkbowl) and a few other items.I know not everything on the inspection report is a big deal, and inspection reports always have items on there, but..................... what concerns me is the fact that the roof was marketed to me as being new and is not, its approximately 8 years old.... the HVAC was marketed to me as being under 5 years old and its not...... its over 5 years old (with issues), counter tops weren't sealed to cabinets,soffits were supposed to be repaired (according to the scope of work) , and the foundation is cracked (which could or could not be a big deal).
26 September 2019 | 38 replies
@Alex Craig, I would like to do a full up rehab with plank floors, SS appliances, updated cabinets, new roof etc.
26 November 2017 | 10 replies
Updated all kitchens with new cabinets/granite2.
27 November 2017 | 3 replies
Same with things like kitchen cabinets, countertops, etc.
6 December 2017 | 23 replies
For the most part I have found that the cost of labor is about double (or more) of materials.Now when I look at a home, I look at cabinets, exterior, laminate, tile work, and more and then estimate what it will cost to repair and then I plan it on a Gantt chart and estimate costs with a 10% overage + labor.
25 March 2019 | 7 replies
At first glance, it needs:Exterior: Roof, Siding, Gutters, Doors incl Garage door, Garage wall repair (there is a hole in the wall), Driveway (gravel & asphalt are common in the neighborhood)Interior: Drywall, Flooring, Cabinets, fixtures 250,000 ARV/Selling Price- 25,000 Profit- 110,000 Rehab costs (complete guess)- 4,000 Purchasing costs (inspections, etc)- 7,500 Holding costs (based on 6 month rehab)- 15,000 Selling costs- 15,000 Contingency costs 73,500 Maximum OfferI think the $250k sales price is low.
19 June 2018 | 14 replies
I just put them in at my home because I made custom hardwood cabinets and didn't yet have the money to do the counters, so for a couple hundred bucks did the laminate counters.
1 November 2017 | 9 replies
Will painting the kitchen cabinet help at all?
19 February 2016 | 16 replies
Raise the rent to 1500 if the home after rehab is worth 160 grand.Rehab costs are always more than you estimate so be prepared for some possible sleepless nights.Concentrate on getting the roof,plumbing,and electrical in good condition and really check hard for foundation cracks,leaks,and serious damage.Use attractive ,yet affordable fixtures,cabinets,and appliances to attract good tenants looking to pay more for a fine rebuilt home.