. $1M+ into the property's interiors & exteriors, push rents, reduce expenses, and increase the additional other income...our typical "value add" strategy.For those who want a deeper dive into the capex, we had approx. $632k into the exteriors and a $388k into the interiors (reach out if you want more...)Anyhow, we closed in Dec 2020 and immediately implemented our business plan.

____Repair cost break down___Roof - repair price depends on home SQFT, type of roof + any know damageHVAC - replacing a Condenser (outside unit), handler (inside unit), ducts or possibly replacing all together Electric - cost depends on the job - replacing panel, running new wires, adding or repairing electric to an areaHot water tank - cost of tank + labor + ( some plumbing components)Windows - cost per window + labor cost per/windowPaint- cost is price per/sqft, varies if painter are painting trim, primer, how many coats, interior or exterior Sheet rock work - how many sheets 4x8 sheets will they Demo and replace Flooring - normally charge per/sqft - find the cost of the floor you want and multiple by your sqft and add the labor cost per/sqftkitchen - cabinets ( price per cabinet + labor to build and install) - counter top cost, price for material sqft and price per sqft of to fabricate, cut, and installAppliances - cost of appliance + install Bathroom remodel - depends on the size and quality finish - i start with finding the price for a small standard 5x7 bathroom and move upPlumbing - cost depends on the size of the job and scope of workThe above information is a quick break down of how to get rough estimate of rehab cost.

It needs some exterior  work and some interior cosmetics, but the units themselves are in pretty good shape.

We have cameras on the exterior of the property which is how we know this is happening.

New Windows, exterior/interior paint, new flooring throughout house, updated lighting fixtures, cabinets, and plumbing.

According to the survey, electrical components were up by 12 percent, exterior finishes and roofing saw an 11 percent increase, insulation was up by 10 percent, and appliances saw a five percent bump up in costs.

• Caulk the windows shut since you don't need to open windows in Texas (although, this is probably a fire safety violation) • Caulk the gaps where the laminate floor panels meet the floorboards •  Caulk gaps around exterior door thresholds, caulk gaps at outlet covers, caulk gaps where cabinets meet the floor/walls, caulk where pipes enter drywall, caulk where toilets/showers/tubs meet the floor... • Find a way to seal gaps in HVAC ducting -- need ideas! 

We have done a lot of work to the place, including a new electrical panel, replacing some questionable wiring, adding a second washer/dryer, some updated flooring, new interior paint, replacing several fixtures and updates to the exterior staircase and landscaping.

Renovations are about halfway complete and estimate it will come out to about 15k total give or take (Paint, vinyl flooring, appliances, cabinets, etc).

I need someone to install modular 3 piece corner shower, and put down vinyl plank flooring.