Flipper/Rehabber · Dallas, TX · Member since 2018 · 13 posts · 7 votes
To assist with the rehabilitation of a multi-unit apartment building, I am searching for a contractor. The structure is in poor condition and has suffered serious fire damage. I'd want to get an idea of how much effort will be required to restore this property.
To assist with the rehabilitation of a multi-unit apartment building, I am searching for a contractor. The structure is in poor condition and has suffered serious fire damage. I'd want to get an idea of how much effort will be required to restore this property.
I don't have any personal recommendations, but I can point to a starting point. Have you had any good luck using one of the tools in BP to find contractors?
At the top of the BP website, there are tabs. For example, search for "Contractors" under "Recommended Vendors."
Then, the website will ask you the questions to find a match that has been pre-screened by HomeAdvisor and BiggerPockets:
Also, I had the same question myself and found a book that covers the topic. The book on how to estimating rehab costs by J. Scott was interesting read. Not only the book covers some of common rehab costs, but also the book covers about when to pay the contractor’s work or material needed to start the job. If you have a chance to read, this might be a good resource.
Good luck finding several quotes, and let me know how it goes!
To assist with the rehabilitation of a multi-unit apartment building, I am searching for a contractor. The structure is in poor condition and has suffered serious fire damage. I'd want to get an idea of how much effort will be required to restore this property.
I am a contractor looking to purchase and flip my first of thousands, I currently work a W2 in downtown Dallas. I can provide some advice on the rehab side, if you would like me to go take a look I’d be happy to 909^900^5341. Ask for Douglas
Real Estate Coach · Round Rock, TX · Member since 2015 · 431 posts · 235 votes
3y
I flip fire-damaged properties and own a restoration company which specializes in fire damage, however I do not offer this advice for any reason other than to help you (i.e. I'm not in your area, so I'm not looking to do this job.) I would strongly recommend you find a fire restoration company/contractor to walk the property with you and give you a good understanding as to what needs to be done. There are many things that could be overlooked as part of the renovation on fire-damaged properties. A specialist is very important to be sure it is done poperly
(Just for a little info of what I mean: The challenge with fire damaged properties is that there is more than meets the eye. For example, often fire damage is water damage--they put the red stuff out with wet stuff. Unmitigated water damage becomes mold damage and and there is the potential of extensive smoke damage in the same airspace. So even elements that don’t appear damaged can be contaminated. Also, ODOR is a huge issue. If the odor is not properly mitigated that will cause ongoing problems.)
Hope that helps. Fee free to reach out with any questions.Good luck!