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what would you ladies and gentlemen say,was the best way you learn how to estimate repairs accurately...
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How do you all handle contractor estimates by multiple firms?
Do you have each one come to the property one at a time or do you have them all show up at the same time to give your estimates?
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I thought some of the newer folks might find this thread helpful. Experienced rehabbers please add to the thread. We may all take away something new. These are a few of the shortcuts I have learned over the years:
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When walking through an investment property without a contractor, that you are thinking about buy fix and sell exit strategy, how do you come up with a good rehab estimates on all the repairs?
Do you use a sp...
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Hey guys, I’m checking out a property later. This should be interesting
lol. Can anyone tell me the absolute best way to get an accurate repair
estimate on a property using the little or no cash? Thanks in a...
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Just starting out in REI and wanting to get a handle on how to quickly estimate repairs. In this very aggressive market I'm sure we don't have time to look at a property and then go home and take days to call and get...
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Couple of quick questions here. First, in a book I read, it stated that on average, a landlord can get 1% of total property value in rent per month. However, in the ultimate beginners guide, it stated a landlord shoul...
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Hello Community -I am civil engineer and construction estimator in New Jersey. I am looking to purchase a 2 unit multi family for my first investment (and live in it) or purchase a single family fixer upper to live i...
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I live in CT and I need help estimating expenses for a multifamily unit (2-4 units)..I understand that you should use the 50% rule or the 60% rule but I am finding that these don't make sense when the rents are out wh...
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Hey BP,I just got done looking at a house...TOTAL sh!@ storm. Not literally but darn close. I've been using $0.50/sq ft for basic room demo estimating (not kitchen or bath). I'm wondering if this would be an accurate ...