Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
General Landlording & Rental Properties
presented by
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Help figuring rehab costs!!!
So I got my first deal that I'm working through but I'm struggling with the rehab figures. It's a 2000 sq ft house and needs a full rehab. Kitchen, bath, flooring....everything. A guide I'm following says $35 per sq for a full remodel. That means $70k in rehab! Does that even make sense? That would mean I offer this guy less than $15k for the house! Really?