Before you submit an offer, do you have a single contractor (maybe your go-to person) walk the property with you and estimate costs to rehab OR Do you have a few different contractors walk it with you?I'm a newbie!
Hi all,
I am new to REI and look at different markets as my farm area. I stumbled across this bank-owned property in Pittsburg here in quite a decent area: https://www.homepath.fanniemae... I don't really consider bu...
Hello all!I'm curious to know if there are any rules of thumb or rough estimates for costs involved with submetering a building for utilities. The apartment building I'm conducting diligence on is an 8 unit in which u...
Hey Guys,I'm trying to get an idea on the square foot construction cost for a Gary, Indiana rehab on a residential 2 family or 3 family property. How much is full gut job VS new construction, and does anyone have cont...
I am in the process of trying to purchase my first flip and am applying for a construction loan. The bank is requiring a description of what I will be doing and cost of the project.When rehabbing a house, do you calcu...
Working on my first property and currently have one under contract. The inspection revealed some things I didnt notice the severity of at first. I think the property still has potential just at a reduced rate. I expec...
Reading the book Flip they have a rule of thumb chart for quickly estimating the cost per SQFT of rehabbing or remodeling a home.
Here is how they chart it.
Standard finish rehab - $15
Designer finish rehab - $18
S...
Stockton Deal Analyses – Estimating CostsA while ago I wrote a series of posts ranting about the current state of the residential income property market in Stockton, CA. In each post I highlighted a current listing an...
Hi everyone!
I am a new member of the BP community and am under contract on my first rental property in Lakewood, Ohio. I'm starting out with no experience in home improvement projects and don't really have a good un...
I've recently took my first step into real estate investing and got pre approved for a home. Im trying to break through the fear of each step of Real Estate Investing but it seems im getting lost in paralysis analysis...