I'm interested in investing in rental properties, not flipping houses. Should I still get the book "The Book on Estimating Rehab costs" by J Scott?
Hi everyone my weakness is understanding repair costs and until I get more experience I'm wondering what the best application is for your phone that will help you until you have more experience figure out remodeling ...
Hello All,I am looking for up to date data sources on the following information:1. What rates are builders using for their "Builder Profit"? Preferably would like it for different types of construction including custo...
Hey guys and girls,
I'm soaking up a lot of info here and one thing I keep running across is the need to put down accurate repair numbers. For someone such as myself which doesn't have a RE background or a background...
Good morning everyone :)
We are evaluating our first buy and hold.. a little 700 sq ft 2/1 bungalow. It will need quite a bit in repairs, but we have zero experiencing in estimating costs of repairs.
W...
Hi everyone,I see some people are estimating 3%-5% for closings costs. I am trying to calculate the closings costs for multi-unit properties in Chicago. Any advice on how to estimate the closing costs? What are some f...
Hi BP Fam!This is a question for those who have a few homes under their belt. In your experience, outside of the common items that typically get rehabbed, what is something that caught you off guard after purchase? Wh...
BP, I just bought "The Book on Estimating Rehab Costs" by J Scott.What other RE books would you recommend that discuss estimating rehab costs? I realize that most literature on this subject will relate to flipping, bu...
When setting a maximum offer price, it's customary to assume some estimated repair cost, correct? I assume it's generally a good idea to see the property (and thus have a better idea for repair estimates before you pl...
Can someone check my rehab estimate on this duplex?https://youtu.be/7eoE9oaDEzMThis is a 2Br/1bd per side duplex, 1848 sqft.The interior of one unit is very bad, but the other unit is fine. Each unit is 924 sqft.From ...