I bought 2 homes from NetWorth Realty, one in Brandon & Plant City and rehab budgets for both went thousands and thousands more on a medium sized block home. The contractor that used to do THEIR estimates and the ...
Most property owners have barely heard of cost segregation, and those who have think of cost segregation as a tax issue. Now forgive me for burying the lead, but for this specific article I will lay out a long-term be...
Hello!I'm looking for a comprehensive spreadsheet that includes all cost associated with the flip and bottom line profit. Not only rehab cost but holdover, closing, etc. Something that can give a solid snapshot of the...
I am reading the BRRRR book, and I was wondering how do you get estimates from contractors for rehab projects?
The book provides a format activity/scope/price. Do you use something similar?
My contractor just gives...
Hey All,Does anyone know where I can find the old Rehab Estimator Analysis Tool? Its been a few months since I logged on and I can not find that tool anymore. It would walk you through interior, exterior etc and then ...
Hi folks,I am super excited of finally being brave enough and pull the trigger on my first rehab deal. It is in Orlando FL and I am in Miami (about 4 hrs away). Closing of the purchase could happen as soon as this we...
I've recently been watching HGTV's Income Property. All I have to say is wow they really can turn around a place. But I'm thinking the estimates are a bit conservative? Don't think it includes all the design work and ...
So I was a bit naive with my first investment overspent. Bought a 815 sq ft 2/1 1950s in a great area back in 2017 (still primary home) with the idea of fixing it up. I went a bit overboard, but market helped and I’m ...
do you have to pay a contractor to come look at your property that you want to flip just to give an estimate? Or do you pay him after the work is done if you use his services? ?
Hi BP! I have never done a wholesale deal and would love to know what the community thinks about a question I have.
When wholesaling a property I know that I should be estimating repair costs and ARV to determine ho...