Zachary Schimenz
What's a Good Minimum Rehab Cost Estimate??
I'm going through the process of analyzing properties to see if they'll get a good CoCROI. Most of the properties I'm looking at are in relatively good condition (i.e. NOT fixer-uppers or foreclosures). When you guys ...
Joe Connors
Evaluating A Property & Accurately Estimating Costs
Hello Everyone,I am learning how to evaluate potential deals but I am questioning whether the estimates in my calculations are (1) conservative enough and (2) somewhat accurate (I understand nothing can be 100% accura...
Andre Brasser
How to accurately estimate hard money costs?
From reading BP articles and listening to BP podcasts, I’ve learned that hard money costs will be dependent on the project, not the individual’s income or credit score. Therefore, you won’t know how many points or wha...
James Swiech
Estimated cost of 9x9 asbestos tile removal
I'm looking for a rough estimate on the cost to removal asbestos 9x9 tile in Rochester, NY. The space in need or removal is about 400 SF. Any ideas?
Brian Walters
Estimating Rehab Costs Based on Square Footage
I've read in different books and articles that when first looking at properties there can be a high level rule of thumb for rehab estimates.
For example, if lite rehab is needed estimate X per square foot (i.e. may...
Joe Doran
Quick Insurance Cost Estimates in Deal Analysis
I'm running through deals with the Rental Calculator and it recommends talking to an insurance agent. I get that I would need to do that if the numbers are close enough on a deal to get serious about it, but are there...
Christian Deaton
Estimating Rehab Costs as a New Investor
Hey BP Family!! As I look to purchase my first property, my fear and nerves are constantly keeping me from obtaining this milestone..with my biggest fear being estimating rehab costs initially. I fear the idea of purc...
Timothy C.
Estimating cost of interior apartment build out
Working the numbers on a potential deal. If I can rent both levels it works, but only the upper level has a rent-ready apartment.
The bottom is 95% open space (think large chapel). If I want to convert this sizeable...
Jordan Grindle
How do you determine estimated maintenance costs?
When conducting a financial analysis on a potential rental property, how do you determine an estimated maintenance cost to calculate potential cash flows?
Benjamin Barredo
Easy Formula to Estimate Repair Costs - Tennessee
I know I know. There's no simple way to estimate repairs but there has to be a simple formula to get in a ballpark so that one can make a quick offer. I like the idea of square footage multiplied by a price. Does anyo...