Is 30k enough to rehab a 3bed 2bath 1,300sft single family home? If there is no major problems...will 30k work for new flooring, outside and inside paint, electrical, plumbing, HVAC, kitchen, bathroom, appliances, fixures, landscaping, and staging?
What is your rule of thumb on rehab cost and how do you determine your cost?
30k profit no way on a $1m home. Not really on a $300k home. And that’s pretty good on a $150k home. But each person needs to figure out their own level of risk vs reward.
Now on fix up. Best to price that out locally. Everyone here has a different price structure plus we can see what you are starting with. I used to start with $40 a foot to rehab but only to see if I was in the bell park. After that priced up each item
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