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Author Topic: rehab  (Read 1115 times)

Offline blanketrealestate

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  • Posts: 3
rehab
« on: August 13, 2019, 11:40:06 am »
Hi looking to do my first fix and flip purchase price is 95k ..I Need advice from a contractor , or anyone who has information on a estimate on a remodel of a 2bed 1 bath 829sq ft Bungalo

Offline nicmauro

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  • Posts: 10
    • Sell My House Fast Killeen
Re: rehab
« Reply #1 on: August 22, 2019, 06:15:34 pm »
Honestly, it sounds like you need to find a local contractor.  Get an idea of what the max you can spend on the rehab is and then find 3 or 4 solid contractors you would consider working with.  Have them meet you, walk the property and put together a written estimate.  Maybe there is a local REI group you can get some suggestions from?
I invest in SFR, mobile homes, lots and land in Killeen and all of Central Texas.  If you have a deal or want to network, hit me up!

Liberty Home Buyers

Offline Mike-FamilyHomeBuyers

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    • We Buy Houses Site
Re: rehab
« Reply #2 on: October 30, 2019, 04:33:15 pm »
I would recommend getting a few quotes from local contractors.  Also try to find a local Real Estate Investor Association where you can network with other investors and get contractor recommendations from them.

Offline Gold River

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Re: rehab
« Reply #3 on: November 13, 2019, 05:32:05 am »
Hi,

    I am a highly experienced fix and flipper who is also a contractor. You can figure about $35 per square foot or $29,015 plus carrying and overhead cost's.

This is provided there are no major roofing, electrical, plumbing or mechanical replacements required with the remodel. If your going to have a General Contractor perform the work include about $7,800 in contractor overhead and profit.

Figure about 6 to 8 weeks from start to finish to complete!

Good luck,

                 GR
« Last Edit: November 13, 2019, 05:33:45 am by Gold River »

Offline REISociety

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    • REI Society
Re: rehab
« Reply #4 on: November 13, 2019, 12:30:38 pm »
Where are you located?
Investor, Fisherman, Jiu Jistu Artist, and Blogger
http://reisociety.com/

 




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