Hello, BP! Does anyone have an idea how much they would estimate a full gut and renovation of an older 4 Bed 2 Bath home would be? Located in central NJ. Just under 2000 SF. Lower middle class area with similar homes ...
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Hey guys,Brand new to the forum, I just started my first flip and I had some questions mainly about contractor prices and how to find 'investor friendly' contractors. The area is Washington, DC however for future pro...
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I'm evaluating a potential deal on an attached condo in the 80917 zip of Colorado Springs, CO. I'm looking for advice on good local sources for estimating rents in areas I'm not familiar with. I'm hitting the sites li...
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Hi BP community!
I discovered Bigger Pockets a little less than a month ago and I am beyond amazed at how much there is to learn. I’ve been dedicating all of my free time to discover new things and hear success stori...
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I am going to walk through a property on Wednesday and it got me to thinking. How is everyone out there getting a good estimate of repair costs? Does anyone have a spreadsheet, document or formula that they use?
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Hello BP!!I am analyzing a three unit multifamily near the new west side/University Village area. I wanted to get opinion on what estimates do we need to make the following:1) Vacancy - I was thinking of estimating 5....
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When you are analyzing a deal, how do you estimate the cost of repairs? Do you put the house under contract, bring a contractor in, and then back out of the deal if the costs of repairs are too high? How do you find a...
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Hello everybody,I have read a lot of the old postings related to estimating the cost basis for depreciation of a rental property; however, I am not clear yet on how to answer the following question:In 2013 I bought a ...
Hello Louisville BP Community,I'm currently analyzing a six unit (all 1 bedrooms) multifamily property in the South End. According to Redfin, the owner pays water, trash, and sewer. The tenant pays gas and electric. A...
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I've been searching for my first investment property primarily in the Cleveland area. The property I am considering purchasing has an inspection report but I don't know how to get an estimate of cost for the recommend...