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Updated about 11 years ago on . Most recent reply

User Stats

73
Posts
26
Votes
Matt Laird
  • Real Estate Investor
  • Elk City, OK
26
Votes |
73
Posts

First Fix & Hold

Matt Laird
  • Real Estate Investor
  • Elk City, OK
Posted

I have to opportunity to pick up a wood frame 1200+sq/ft. 2/2 locally as an addition to my current properties. It is a rehab in process, exterior paint scraped, interior, new electrical, new plumbing, new sub floor & drywall hung, no tape.. It includes no kitchen or bathrooms.. Zillow has it for $119,000(I know that's not a trustworthy estimate) I can lock the property up for just over 30k.. Market rent for this home would be $1150-$1300... Does anyone have a suggestion on the amount I should budget to complete a project like this, Kitchen, per bathroom, Siding etc... Any help is appreciated... Foundation and roof are solid..

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