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Rehabbing & House Flipping

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David Semer
Pro Member
  • Investor
  • Lincroft, NJ
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169
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How do you balance the rehab without over rehabbing?

David Semer
Pro Member
  • Investor
  • Lincroft, NJ
Posted Jan 17 2015, 21:40

Looking for opinions:

We are currently rehabbing a house in NJ ARV will be approx. 130- 150k

2 bedroom and 1 bathroom house (approx. 600 sq. ft.)

How do you know when you are doing too much for the project? What sort of things do you look at before you start and say I can leave this is in or I need to do this. Do you always demo the kitchen and bathroom? (Because this is what sells the hose) (I understand it is case by case and condition). I got hardwood floor will just refinish them. I am using Ceramic tile on the floor in kitchen and bath and in the showers. Should I have just gone with linoleum and use a shower insert? It is easy when the house is really bad condition and everything has to go. How do you judge a cleaner house? Would it be different based on your exit strategy? Example if I am Fix and Flipping Retail or going to keep it for a rental.

Thanks for the all help and advice.

David 

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