what would you ladies and gentlemen say,was the best way you learn how to estimate repairs accurately...
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?
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...
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...
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...
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...
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...
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...
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 ...