Obtain estimates for planned renovations and confirm if the allocated budget is sufficient.

I know how to get fantastically accurate estimates for simple single-family deals but was wondering if anyone had advice on where to start for running numbers for 50+ unit deals.Also, if anyone has any advice on helpful systems and technology - or for managing larger scale real estate businesses to be a valuable partner, I'd gladly listen. 

my personal rule of thumb: $0-$1,000   1 or 2 estimates  $1,000-$10,000    3 estimates min.$10,000 +    5 estimates if possible with full break down of services Unfortunately I don't know of any contractors down there just wants to say Congratulations on your purchase!!!

This equates to approximately 1.18% to 1.14%, which is still within the typical range.For properties above $35M, the commission is a flat $500,000.

Setting aside 25% of your net profit is a reasonable estimate for taxes, but the actual amount depends on your overall tax bracket.

Can someone check my rehab estimate on this duplex?

This means the 50% rule fails now (50% + 60% = 110% --- 10% more in costs than rent), and other cost estimate methodologies seem to yield negative net cash flow.Am I thinking about this correctly?

You should know how to estimate rough numbers based on the amount of work the property needs.We do a 15-business-day inspection period on every property, which turns out to be 3 weeks.

They should be able to give you an idea of what needs to be done vs. what can wait and rough estimates/recs for contractors.

The loan officer came back and said that the sq ft was approximation and the appraiser doesn't want to change the sq ft or redo the appraisal.