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Hello BP community,I'm currently attempting to figure out how to accurately "guesstimate" the amount of closing costs for a residential property. I understand that closing costs include fees incurred by the title co...
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Hi all! I am having a hard time understanding the timing of the estimation of rehab costs. I thought you first estimated on a PSF basis how much the rehab would cost to come to a purchase price (PP+Rehab=70% of ARV), ...
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Hey friends,How do I estimate rehab costs if there are tenants in the property preventing me/a contractor from going inside?
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I'm just starting out with real estate. Very eager to get started with my first fix and flip. I'm having trouble figuring out the ARV and the estimated repair costs of a property I'm analyzing. Any help and advise wou...
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Hi everyone,I'm curious: does anyone have insight on estimated psf demo costs for a single family home in the Orlando/Central Florida area? To add to that, estimated psf new construction costs would be helpful, as wel...
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Looking into a commercial property that has a retail business on the bottom floor, with second and third floors that are storage now, but could be turned into luxury apartments. It's a really old historic building, in...
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Happy Tuesday everyone,I've just started reading "Estimating Rehab Costs" by J Scott (and will then also read his book on flipping) and I see it's a revised edition from 2019, which is obviously pre-Covid and therefor...
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My family owns about 3 acres in a semi-rural part of Montgomery County, Texas. We recently found out that the new "Aggie Super Highway" from Houston to College Station will have frontage on our property. So we have be...
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It is imperative in fix and flip that you get the budget down when taking on a project. Having the correct budget gives you a clear picture, helps you manage risk and understand the profitability of the deal. But you ...
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Hey there,I'm a newer investor in Cumberland County, Nova Scotia, and I am just finishing my first flip project which I am excited to share in the coming weeks. I'd like to next buy a duplex/triplex and step foot thro...