Horacio Gutierrez
Average percentage of the ARV for renovation costs
Hello,
I know each house would vary on how much to spend on its renovation costs, however, is there like a rule of thumb of a certain perecentage of the ARV price that someone should spend on renovations cost so it w...
Mona Arthur
Electric Heat - Should I upgrade
Hi Bigger Pockets Family,I am new to bigger pockets and about to make an offer on my first deal. It is a 4 bedroom colonial with an asking price of 199,000, based on the comps in the area, I can potentially sell it fo...
Willard Blair
Where to find contractors
I am just curious, Has anyone ever found a contractor via Facebook? Everyone tells me phone books are dead. But, I never seen any posts about how wonderful a certain contractor may be, especially in the last 4 years. ...
Matt Smith
Fixer Upper in San Francisco
Is it still possible to make money with fixer uppers in San Francisco?I am selling a home and will have $300K to spend. Any advice to do fixer upper? (how much to spend on the house vs. renovations)Any specific websit...
Ellie Perlman
Value Add vs Turn Key: Which One is Better?
Generally speaking, there are two main strategies when buying multifamily properties: Turn Key and Value Add. These strategies are very different and both have pros and cons.
In a turn key investment, the buyer does ...
Marc Shin
lower cost alternatives to Quartz / Granite countertops in an STR
I'm trying to do some renovations on a property to get it ready for an STR. I'd rather not spend the $$ for the granite or quartz kitchen countertops. Is there an lower cost alternative to granite / quartz kitchen ...
Patrick Martone
Use capital as downpayment instead of be a cashbuyer
I have a combination of 2 HELOCs and cash totaling $375 (75k cash, 100k Heloc 1 200k Heloc 2). Instead of purchasing a duplex rental and do single family flips, I have considered looking for a 6-10 unit building and u...
Daniel Koenig
Why renovate before selling home?
I work in renovation sales: primarily kitchen and bathroom renovations, so I meet with many individuals who are looking to put their home up for sale in the near future.From my understanding, there is no such thing as...
Christopher Dunn
How do I know my construction contractor is doing a good job?
I have no experience with construction or renovations but want to use the brrrr method. Especially if I want to close on a deal, I feel I dont have the time or ability to walk through a whole plan and pricing with a c...
Sean Grady
This is my first REI, Buy and hold...mostly turnkey?
How much work should I put in to this? Change color of paint, remove popcorn ceiling and apply knockdown texture, New lighting, new fresh white outlets and covers, paint trim and doors white, new quartz or composite c...