All Forum Posts by: Jonathan McClintock

I really appreciate everyone's response and input on this! I have made an offer and will let everyone know what happens.

@Scott Keatingit is in the Hi-Pointe / Richmond Heights area

@Manolo D.yes down to the studs and exposed trusses. I wonder how the difference in price between LA and STL though. If 90-100sqft (living space) and 60-70 (non-living) then that puts the rehab of 900sqft house at around 70-80k. I guess that might not be too far off. Looks like a job for a small contractor operation who does most of the work themselves.

Yeah, when I say this house is gutted, it will need duct work, electrical run, etc. The only thing it has is a 200amp electrical box.

Thanks @David Robertson. Thanks for the advice. I see the need for visiting/viewing many properties and getting used to estimating costs so that it becomes easier and easier. 

Thanks @Paul Timmins. I need to read those right away!

I met with a guy yesterday who is selling a house in St Louis. He has completely gutted the house, roof is only 1 year old, inside is just studs. There is a "newer" electrical panal, but that is basically it. Will need all systems . . . will basically need everything. House is only approx 900 sq ft (2b/1b) with rough in for another bathroom in basement. How do I begin even determining cost for that or is that the kind of rehab a beginner like me should just avoid in the first place?

@Randy Landman I have lived in the 63301 and 63303 zips, so I thought I would focus there first.

Hello all

I am new to the investor scene. I have been reading, watching, and listening to a lot of different people/sites. It was recommended I check out Bigger Pockets by a local wholesaler here. I'm itching to find my way and achieve my dreams. Any advice is helpful. Thanks!

Jonathan