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Rehabbing & House Flipping

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Stephen Akindona
Pro Member
  • Investor
  • Memphis, TN
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What do you normally spend on cosmetic repairs?

Stephen Akindona
Pro Member
  • Investor
  • Memphis, TN
Posted Apr 15 2014, 11:53

Hey BP, I am thinking about purchasing my first property!!! It's a 4plex with each unit renting for about 650-700.

It is in good shape, but definitely in need of some cosmetic repair.

Each unit is 2 bed 1 bath with about 1100 sq.

What do you guys normally spend on these items, keep in mind its a 4plex and all 4 units need the following:

Paint

Cleaning

new flooring (kitchen, bath, some carpet, hardwood just needs a good waxing)

What would you estimate to be the cost, I know it would be a ballpark fiqure but it will give me a good idea of where to start.

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