Tetsuo Wakino
New Landlord - First property
Hello Biggerpockets community!!!I just closed on 2 properties attached to each other and each unit has 2 unit, in Florida. Ultimately it has 4 units all together. 2 of the units came with tenents. The previous owner ...
J Anders
Advance Planning for Flipping Houses
I was looking for books on home flipping, and found "The Book On Estimating Rehab Costs" and it's sister book which led me here. I consider myself to be a relatively successful handyman in small town Iowa. I currently...
Greg W.
Minneapolis suburb duplex; good deal or not?
I have a duplex under contract in a south suburb of Minneapolis. It's a really good area, good school district and high rental demand. Because of the amount I have to put down and the amount of deferred maintenance, i...
Christian Deaton
Estimating Rehab Costs as a New Investor
Hey BP Family!! As I look to purchase my first property, my fear and nerves are constantly keeping me from obtaining this milestone..with my biggest fear being estimating rehab costs initially. I fear the idea of purc...
Victoria Coleman
Estimating Repair Costs and Capex
I’m having a hard time figuring out how to calculate repairs. I have a few of questions.1. How do you figure out what percentage you should set aside from your rental income per month for repair costs?2. In “The Book ...
Asher Knudson
New Roof On Detached Garage
I'm putting a new roof on a house for about $7000 in Minnesota. I'm wondering if I should put a new roof on the detached two car garage as well. The cost for adding the garage roof brings the total to $9800. I'm wond...
Michael Peters
Tenant Deposits - Charging for Items I Can't 100% Fix
I'm in the middle of creating the deposit disposition for tenants that trashed a property costing roughly $10,000 in damages. Pictures and the condition catalog back up every line item on the disposition. I want to ...
Steven C.
Chicago costs for House Flipping Spreadsheet
Hello, I am midway done through my first gut rehab and flip in Chicago. The costs were super cheap partly because of COVID and partly because most laborers came in as personal favors from a friend.I recently purchased...
Michael Lettieri
Want to Learn How to Estimate
I’m looking for a book to buy to learn more about construction estimating. I want to remodel a home and would like a book that gets into specifics about pricing. And strategies to get the best bang for your buck. I wa...
Devin Monroe
Estimating rehab costs?
How can I estimate rehab costs? I’ve never done a BRRR before I have no idea what anything would cost. I think it’d be best to walk the property with a general contractor but I’d miss out on the deal. Any advice here?...