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Multi-Family and Apartment Investing

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Kim H.
  • Real Estate Broker
  • Dallas
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116
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Rehab Costs

Kim H.
  • Real Estate Broker
  • Dallas
Posted Nov 21 2013, 05:47

I have been reading about construction costs for rehab on MF units. How do you find good quality, but low cost per unit construction? Do you use the large national apartment remodeling companies or local people? I have used "low cost construction" in the past and I got what I paid for. I am anticipating a total interior rehab on 9 units (averaging about 1000-1200 sq ft each) and I was hoping to keep the cost below $200K, but after reading posts on this forum, it looks like I could spend a lot less than that if I really knew what I was doing (which I don't). Any recommendations for the Dallas area? And should I do them all at once for cost savings or one unit at a time? I am not looking for top of the line with granite and travertine... just basic and clean.

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