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So I've been responding to many wholesale threads regarding underestimating rehab costs. I have also read many threads regarding most who can assess what a property may cost to rehab within minutes of viewing it. I th...
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Hello, wondering if anyone has any average costs for rehab costs for kitchen (cupboards and tiling) and bathrooms in Bloomfield / East Orange / Newark NJ (Essex County Area) average house size sq ft 2613. I am intere...
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Does anyone have any tips for working to quickly estimate advanced repair costs in a competitive market?
- How to work/partner with contractors to do a walk-through estimate prior to getting a house under contract (an...
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Saw this property on the market a week ago and now it's contingent. Looks like it was a 3 flat in below average condition when it was sold 12 months ago for $285k. They completely re-did the property into 3 units and ...
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Hey BP friends,One of the biggest challenges I am facing as a new investor is estimating rehab costs for an investment property when filling out my rental property calculator.Have you guys faced this challenge? If so,...
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@Joshua Dorkin and J Scott - Any reason why you only released a pdf verson of the book?I just bought it, and I'm going through and trying to make it e-reader friendly (epub for now) for myself. If you guys see any val...
Hi,
I recently started learning about wholesaling properties. I have a good idea of the ARV around my area, however, I feel scared of making offers on properties since I'm not familiar with repair costs.
With that...
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I'm looking to buy a foreclosure, rehab it, rent it out for a few years, then possibly sell it at some point. I'm paying cash for the property and the rehab. I want to get a mortgage for the property after the rehab i...
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Hello dear BP community,
Before giving an initial offer on a SFR for a flip, I need to get a ballpark on the rehab costs to know if it's even a viable investment.
How do I go about estimating rehab costs when invest...
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Just got my tax return back from the CPA. It's my first time using one, and since I'm no tax expert, I was shocked to see that I owe taxes and that my wife and I only got the standard deduction because the "Allowable ...