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What general rule of thumb do you follow on a square footage multiplier when you are calculating rehab cost for a potential flip? what are flippers and contractors in the Triangle area doing to find these numbers? i h...
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Good Afternoon,
We might have found a deal, but we are debating whether the Rehab might be too much. We went to go see a house that is below market value however, the house needs quite some work.
Within our market...
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Hi Bigger Pockets Community,
I recently decided to start a JADU project (330 sq ft) using my garage. The first quotation I received from my contractor is $90,000 ($273/sq ft), or $100,000 ($303/sq ft) if additional f...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $40,000
Cash invested: $27,000
One thing to note here is that we did all of the work ourselves and a lot of thing...
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Hi everyone,
I am having a challenge understanding requirements for qualifying PL as a business income as opposite to investment income. I have W2 job and just starting in real estate. I have LLC registered for...
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I recently had a client come to me looking for assistance securing a construction loan. The client prioritized leverage and was adamant a hard money lender would offer the best terms citing the higher LTC. I frequentl...
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Good evening BPersI'm tearing down and building a single family home in Seattle. Our architect gave us a not to exceed quote of $6,500 and to date we've gone beyond that. Being that I've never been through this proces...
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I have my personal home in remodel and we added an addition to an existing covered patio with a common roof to the home. We're adding french doors to this room, a window, new framed walls, ect. The slab is sloped to...
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Good morning! I recently completed my first major REI (buy and hold) rehab and thought I would share my experience; mishaps, disasters and all, with everyone. My husband and I bought a 90 year old estate sale hous...
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Hello,First time flipper here. I am interested in buying property and rehabbing it/changing it drastically from what it is now. In Scottsdale most houses can't really be flipped profitably say by just adding some l...