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I'm just getting started so please excuse my novice question but how do you calculate the repairs on a flip? I was told an easy formula is the square footage of the house times $30. Is this a good tool to use?
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Investment Info:
Single-family residence fix & flip investment in Livingston.
Purchase price: $400,000
Cash invested: $85,000
This is the second of our current Add-A-Level projects. Although thi...
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A contractor in my market told me the other day that he uses the following tool to roughly estimate rehab costs before he actually goes and itemizes everything needed on a rehab.$10 sq/ft-carpet, paint, blinds, cosmet...
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I'm working with a CPA who is arguing that STR should be considered a passive designation and therefore losses in our holding LLC cannot be applied to my W2 wages (which are > $150k). My spouse and I will be alloca...
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Question for the GC's out there... in markets such as Charlotte, Nashville, New Orleans, Orlando etc (Southeast), what would most GC's quote as a ballpark estimate for total labor cost (if owner is supplying all build...
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Im using a remodelor/gener contractor on 1st potential flip. I dont have ideas of what is best towards keeping floor plans or knocking a wall out here or there for best look to quickly sell.. Who is usually to get a...
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Hello,I am a homeowner and I wanted to get experienced realtor input on siding materials and how it relates to the future value of a home.We currently have a mixture of aluminum (overtop original shiplap wood siding) ...
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Hi folks - I am in the market for a Property Manager in the Rochester area for a 12 unit property. Is the below fee schedule normal?
Line Item
Fee
Collected Rents
10%...