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Updated almost 6 years ago on . Most recent reply

User Stats

10
Posts
2
Votes
Gina S.
  • Rental Property Investor
  • Boston, MA
2
Votes |
10
Posts

Fully gutted 12 unit apartment- how to hirer a GC? Cost?

Gina S.
  • Rental Property Investor
  • Boston, MA
Posted

Fully gutted 12 unit apartment - I don’t live close by and will not be able to babysit the project. Is this an investment I should jump into? Has anyone hired a GC to do a project that you won’t be able to be there? Does anyone know how much the following work would cost?

About the property:

It is selling at $185k and after it is fully finished, it would be worth $400-500k. It is fully gutted as in no walls, heating, plumbing or electric. It’s 8k sq ft 13 bedrooms.

Most Popular Reply

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6,603
Posts
6,955
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Bjorn Ahlblad
  • Investor
  • Shelton, WA
6,955
Votes |
6,603
Posts
Bjorn Ahlblad
  • Investor
  • Shelton, WA
Replied

@Gina S.If you have not done this several times before with success. I would urge you to forget about it.

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