estimating rehab costs
Looking into my first deal and stalling a little after walking through property
side by side twin
asking 70,000 for both sides; 2400 total square feet, 1200 each side
one side is almost completely gutted with new electrical work only.
needs Hvac, sheet rock, full bath, kitchen, floors, half windows needed to be replaced and reframed
other side is "livable" and "passed inspection" think feces, stains and smells
needs new floor, full bath, kitchen, floors, half windows need to be replaced and reframed.
has electrical, radiator heat
my question is I know this is a huge renovation but how do I get a ballpark? Ive read the BP rehab book but this is a lot.
do I just pay a contractor to walk through with me and tell the owner Im interested but need my contractor to walk through?
then ask for line item quote from the contractor?
thanks for looking
-mike