Eric P.
NYC co-op gut rehab cost per sq ft
Apologies if this is redundant; I browsed through a bunch of posts and couldn't find this.What's the cost per sq ft of a TOTAL gut rehab of an nyc co-op unit that was destroyed by fire? (rebuilding interior walls, clo...
Brandon Lancaster
Sending ITEMIZED ESTIMATION of REHAB COSTS to My AGENT
As Posted in Subject.Im Sending an ITEMIZED ESTIMATION of REHAB COSTS to my AGENT to Send "WITH MY OFFER"I Felt this was a good idea so they Realize how much Money is needed to Have it to Code.Do you think this is a g...
Cynthia Oistad
Seeking low cost rehab ideas for 1980s four plex?
My agent and I spent some time touring an interesting 4-plex property today. It was well maintained by owner, had large units and was in relatively good shape. If we decide to move forward with offer/purchase, I wou...
Felipe Soto
Estimating Rehab Cost in Multi-Fam Value Add deal
Hello everyone,I heard that when estimating costs for rehabbing a Multi-Family Purchase, someinvestors will estimate rehab costs as being somewhere from $10 to $25 per square foot. A 1200 sf unit would range from abo...
Stephen Seaberry
I'M STUCK!!! No idea how to estimate rehab cost
So I've read @J Scott's The Book on Flipping Houses, purchased the Enterprise Edition of the house flipping spreadsheet, navigated Homewyse.com for hours, and I'm still stuck. I have absolutely no experience in cons...
Dinesh T.
Does 10% Cap rate include rehab & closing costs
My realtor called into question my calculation when I stated that the CAP rate is low on a specific property she was showing. I had included rehab & closing costs. I have heard in podcasts about targeting 10% CAP ...
Joseph Lin
Estimating Rehab Costs as an Out of State Investor
Hi everyone,I'm planning on doing my first BRRRR this year but will need to go out of state as the numbers don't work in the area I live in. I would definitely hearing feedback from other out of state investors as to ...
Kevin Scanlan Jr.
Chicago Tax Accountant Recommendation (house hack & rehab cost)
Hello fellow Chicago BPers,
I just bought my first rental property in Chicago last June. It's a 3-unit property. I'm currently renting out the bottom and top units, with me living in the middle one. I also Airbnb m...
Thomas Lanzano
Type of loan to pay for the rehab costs?
Hi all,I have the money needed for the down payment on a rental property, but not sure if I have the money to cover repairs. When I buy the home (say it’s $100,000), I have the $20,000, but I don’t have the $10,000 fo...
Victor Oben
What rehab cost would yield a $200 rent increase?
I found a property that's $200-300 below market rent and needs some work. How do I estimate what rehab cost would make the rent worth raising $200-300? Is there a formula to calculate this?