All Forum Posts by: David Martoyan

Hi everyone,

Fix-and-flip projects can be incredibly rewarding, but they always come with challenges. I’ve recently started focusing on markets like Houston, South Florida, and Indianapolis and would love to hear from seasoned investors:

• What’s the biggest lesson you’ve learned from a past project?
• Any tips on avoiding unexpected costs or delays during rehab?
• How do you handle situations where ARV comes in lower than expected?

I’m always looking to improve my process and would be happy to share some insights I’ve gathered on deal evaluation and contractor management. Let’s learn from each other and make our next flips the best ones yet!

Looking forward to your thoughts!

Welcome to BiggerPockets and congrats on starting your real estate investing journey! Rehab costs and  are key parts of evaluating deals, so it's great that you're diving into these concepts early.

For rehab costs, creating a rough estimate starts with understanding the scope of work and local pricing for materials and labor.

• Light Cosmetic: $25-$40 per sq. ft. (e.g., paint, flooring)
• Medium Cosmetic: $40-$60 per sq. ft. (e.g., kitchen and bath updates)
• Heavy Rehab: $60-$85 per sq. ft. (e.g., major systems like plumbing/electrical)
• Full Gut/Studs Down: $85-$120 per sq. ft.
• Luxury Finishes: $150+ per sq. ft.

However determine the Rehab Costs are only a part of analyzing a deal, you also have to focus on determine the After Repair Value of the property in the specific Area/Location

If you’re focusing on specific markets and ever want to discuss analyzing deals or strategies, feel free to connect, Our firm would love to help you! Wishing you the best in your investing journey.

Best Regards,

David.

Hi Denny,

Welcome to BiggerPockets and congrats on starting your real estate investing journey! Rehab costs and ARV (After Repair Value) are key parts of evaluating deals, so it's great that you're diving into these concepts early.

For rehab costs, creating a rough estimate starts with understanding the scope of work and local pricing for materials and labor. 

• Light Cosmetic: $25-$40 per sq. ft. (e.g., paint, flooring)
• Medium Cosmetic: $40-$60 per sq. ft. (e.g., kitchen and bath updates)
• Heavy Rehab: $60-$85 per sq. ft. (e.g., major systems like plumbing/electrical)
• Full Gut/Studs Down: $85-$120 per sq. ft.
• Luxury Finishes: $150+ per sq. ft.

For ARV (After Repair Value), you're absolutely right—it's all about comparable sales ("comps"). Look at recently sold properties in the same neighborhood that match the size, condition, and style your property will have post-rehab. Platforms like Zillow, Realtor.com, or even tools provided by BiggerPockets can help. However, having an experienced real estate agent or investor in your network analyze comps adds an extra layer of confidence.

If you’re focusing on specific markets and ever want to discuss analyzing deals or strategies, feel free to connect, Our firm would love to help you! Wishing you the best in your investing journey.

Best Regards, 

David. 

Hello BRRRR community,

Whether you’re looking for value-add opportunities or properties in prime rental areas, we focus on creating deals that generate long-term wealth for your real estate portfolio.

Here’s how we can help:

• Access to below market value properties that fit BRRRR criteria.
• Opportunities in neighborhoods with strong rental demand and growth potential.
• A seamless process from deal analysis to closing.

If you're actively seeking properties to grow your portfolio to build long term wealth or looking to connect with a trusted partner for your BRRRR strategy, let's talk. Share your buying criteria, and you will gain access to these deals when opportunities come to the market. Our real estate investment firm Equity Edge Capital LLC, specializes in sourcing exclusive deals in key markets like Houston, South Florida, and Indianapolis—perfect for BRRRR investors looking to maximize cash flow and equity.

Feel free to reach out to start the conversation. As an investor myself I am excited to help you build wealth through smart investments!

My firm Equity Edge Capital LLC, is a real estate investment company focused on wholesaling properties in Texas mostly in the Houston area, South Florida, and indianapolis. We focus on finding high value deals and connecting with cash buyers, agents, attorneys, and other wholesalers to create win-win opportunities.

If you’re a cash buyer looking for lucrative investment opportunities or an agent/wholesaler with properties to move quickly, let’s connect! We'd love to collaborate and explore all the opportunities that can be mutually beneficial.

Feel free to reach out directly or share your criteria so we can bring you deals that meet your investment goals. Looking forward to building great partnerships here!

Best regards,

David. 
Equity Edge Capital LLC