Evaluating update/upgrade costs on multi-family bldg
Looking at acquiring a pre-1950 5+ unit bldg in the SFBayArea. In putting together my evaluation, I have big unknowns for for required/recommended major updates (plumbing, electrical, roof, etc).
As this is my first such endeavor, I'm looking guidance on how to get a sense of this. Do you have favorite strategies around these questions? Favorite reading on this topic (BP posts, books)? Who would you ask for help? (contractor? appraiser? agent?)
Most Popular Reply
Get your GC to walk the property and provide you hard quotes.