Condo flip in Palm Springs , potential rehab costs

2 Replies

I have identified a property in Palm Springs at a great price, but I wanted to see if anyone had ever rehabbed one before and if they could share what to expect the rehab to cost. This would be on a 80s built condo, never remodeled, 2bd 2bth 1200 sqft ground floor.

Hey @Jaimi D. I'm rehabbing a house in ps. I think I fair number to assume for a well done rehab in ps is between $25-35/sq.ft. That's in order to be able to compete with the rest of the investors who are putting a lot of money into properties.

Also, if you are looking into purchasing a condo make sure it's not a lease land. The majority of the Condos in ps are in lease land.

Let me know if you have any other questions. I grew up in ps and I've been here my entire life so I'm very familiar with the area and contractors.

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