Hi; a rehabber told me that I could get a rough idea of repairs by walking the aisles of home depot to get a feel for material costs, and simply double them to get an idea of the full repair costs. Do you agree with t...
What percentage of the rehab budget does the labor make up? If I've put 60k in the rehab - how much of that 60k would be going to only the labor, vs going towards the materials?
Thanks for any help.
Hey All - I'm interested in going through with a multifamily value-add project. I've been involved for a few years now on the investing side and have worked with a few developers/owners. However, most of my experience...
I have a fixer upper house that my LLC now owns and am in the process of getting plans together and starting the renovation on it. I would like to ideally sell the property when I am done with the property. Im tryin...
Hi All,I wanted to see if it is possible to get a builder for $100/ft for a new home? I have been getting numbers closer to $300/ft and if that’s the case I will not be able to move forward with this project. Would lo...
Hi everyoneI'm doing some pre analysis on some houses and it seems to me things are a bit expensive especially in terms of materials and labor. I'm in the NJ market so that is to be expected.I'm struggling with analy...
Hello Everyone,The purpose of this post is to determine or get a rough estimate of rehab costs and some suggestions on what I should do regarding a couple circumstances with a potential house flip. To start, the askin...
Looking to have BRRRR as my main investment strategy and I've got a question about the renovation portion. Since I'll be investing out of state, I'm looking to purchase multi-family homes that need a major facelift (b...
Hi BP!I am turning my former primary into a rental. I have rented out the spare bedrooms since I purchased it in 2016.There's a lot I hoped to do before the tenants moved in on the 5th, but some of the projects we sta...
Question for all my landlords:I have an out of state SF that is vacant. My property manager showed it to someone the other day who is requesting to do updates themselves prior to move in. The updates are all cosmetics...