I was wondering if anyone had a rule of thumb or way of quickly determining a rehab cost range to decide if something is a good deal or not? I bought and am currently reading J Scott’s book on estimating rehab costs, ...
Does anyone have any good ideas about how to more accurately estimate the costs of rehabbing or renovating a property?
Hey BP Team,I have a cube glass security window in my basement that faces the street. I'm looking to replace it with a window that can actually be opened- Does anyone know (generally speaking) what the cost of replaci...
Hello BiggerPockets, I am looking to buy my first investment and have narrowed down my options to buy and hold/BRRRR multifamily. I am looking to rehab a home using a 203K loan and was looking for help regarding estim...
Hey Philly area BP'ers,Wondering if anyone has any experience or recommendations on helping me estimate teardown costs.House is a brick SFR, small lot, ~900 sqft, 2 floor building, public utilties, mostly gutted insid...
Hi. First post. 😁I understand that to determine depreciation, one takes the FMV minus the cost of the land and divides bu 27.5, correct?However, how does one determine the cost of the house(alone) on the property? Is ...
So...I inherited a house and it needs to be gut renovated. Soon, I will go in with contractors and get more specific numbers but what needs to be done is this:1. Renovated bathroom2. Renovated Kitchen3. Plaster repai...
I know there are many factors involved, but generally when analyzing rentals, what estimated amount do you input for the cost of insurance? This is the one operating expense that I just have no clue on. I've hear some...
Hi BP community! I am ready to buy a double+ in Lakewood Ohio, but it seems that out of pocket ROI seems low (~5-6%) and I am curious what others are estimating as expenses. The houses are all about 100 years old so I...
Any contractors or builders out there have a recommendation for a good construction cost estimating software that works well with smaller new build projects? <2 million construction cost?Ideally I would like someth...