All Forum Posts by: Jennifer Umbaugh
Jennifer Umbaugh has started 28 posts and replied 70 times.
Post: Broker's License or Not struggling with decision

- Wilmington, NC
- Posts 80
- Votes 13
Post: Need Help Costing out Rehab

- Wilmington, NC
- Posts 80
- Votes 13
Originally posted by @Manolo D.:
@Jennifer Umbaugh Pretty much if you are looking at those type, I would budget 80-100/sf, doesn't matter what they leave inside, you still spend time to work around it, next time you hear a guy rehab, that's what it takes, also, additions here run around 130-150/sf range. Since the investor did demo, you can scratch 5k off that list. We are providing this info so you could have a "ballpark" number.
Thanks so much!
Post: Need Help Costing out Rehab

- Wilmington, NC
- Posts 80
- Votes 13
Originally posted by @John Weidner:
I'd have to see the floor plan and how to run the copper and electric but I would figure $25 - 30K +/- 5 in HVAC, Electric and Plumbing. Might be cheaper but that would be copper and conduit for the Plumb and Electric and brand new ducts.
All the interior redo simply ball parking it - Framing, New Drywall, Hardwood (not laminate), Tile, Kitchen Cabs and Vanities, Granite, Plumbing and Electric Fixtures, Doors and Molding, Insulation - $75K +/- 10
Outside siding work? Windows?
Dont forget Landcaping and Fencing
Higher end flip you could quickly be in the $125K range for just repair costs.
Thank you so much for taking the time to provide me with such a detailed response. I was also thinking that this is probably a $125K plus job. Unfortunately the numbers are just not going to work on this one. Your response was very helpful in confirming my gut on this. Thanks again.
Post: Need Help Costing out Rehab

- Wilmington, NC
- Posts 80
- Votes 13
Originally posted by @Jennifer Umbaugh:
Originally posted by @David Foster:
You should check out J Scott's books on flipping real estate. One of them is about pricing out renovations. Just know they are ballpark numbers but it will at least give you an idea. Both are excellent.
I have both of his books. They are excellent!
Post: Need Help Costing out Rehab

- Wilmington, NC
- Posts 80
- Votes 13
Originally posted by @David Foster:
You should check out J Scott's books on flipping real estate. One of them is about pricing out renovations. Just know they are ballpark numbers but it will at least give you an idea. Both are excellent.
Post: Need Help Costing out Rehab

- Wilmington, NC
- Posts 80
- Votes 13
Thanks to everyone who replied! All very good advice @DavidFoster @FrankSanchez @JohnWeidner @JerryHouk. The numbers just don't work on this one. The hunt continues ......
Post: Looking for Investor Friendly Contractor Wilmington NC

- Wilmington, NC
- Posts 80
- Votes 13
Post: Need Help Costing out Rehab

- Wilmington, NC
- Posts 80
- Votes 13
Post: Investor Friendly Contractor Wilmington NC

- Wilmington, NC
- Posts 80
- Votes 13