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How does one go about estimating repair costs? I'm completely new to this and this seems like one of the biggest hurdles for me. Any advice appreciated.
Thanks.
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I found a property that I am might purchase as my first rehab project and I am in the process of figuring out how much I should offer.
Does anyone here have experience using the “cost estimator” tool on www.contrac...
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Ok, well... Ive never flipped a house before, I have no idea what supplies and materials cost, and I dont know what's a good price for a decent contractor. How do you guys figure out this cost on your first flip?
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Hi all...I am a newbie so sorry if someone feel that this kind of questions has been answered before:
I have a REO I am looking at right now...it is in a prime area and under normal circumstances the real price of the...
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As a new wholesaler, I'm still confused how I estimate rehab costs when determining the maximum allowable offer and the profit potential. As a new investor, I have no experience or knowledge of rehab costs, so it wou...
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I'm looking for some general guidance on rehab costs that I can apply to my MAO formula when making offers. I know it depends on a bunch of things, but looking for general rules of thumb (incl labor). I work in DC, ...
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Hey BP,How much do you budget when getting an estimate from a contractor? Once again, I’m in a situation where I’m spending more money on my contractor who is over his estimate. (Shocking, not.) I’m sick of being hose...
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Just purchased a single family home as an investment property in Chicago. I was hoping to rehab the kitchen and bathroom for 15-17k. The kitchen needs new cabinets paint and time floor. The bathroom is a total gut, b...
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Hello,When estimating cash flow, how many years should one base the loan repayment on? 15, 20 or 30 years?
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Hi Friends,I am analyzing a deal for wholesale and wondering how I estimate holding costs if I don't know the rehabber's financing. This could vary significantly.