Purchase price: $160,000 Cash invested: $30,000 Renovation Project.

What about the renovation budget?

If you're looking to do renovations, you're best to have the tenants out of there typically.

I’ve been hearing mixed feedback from investors this year — some say renovation timelines are tightening again, others say they’re still battling labor shortages and delayed draws.For those actively flipping:- How long is your average project taking from close to resale?

It is a 7 unit property. 3 units are intact and need some cosmetic work to get rentable. 4 units are gutted to the studs but framed In to begin the renovation.

Permits seem to be more of an issue of late - not sure if the inspectors that are coming in are trying to make a name for themselves but we have experienced that on a project in the works. 

.: Hi BP Community,I’m an active investor here in Jacksonville, focused on creative financing strategies (Subject-To acquisitions) and value-add conversions My latest deal is a Subject-To property we’re renovating into a 7–8 room PadSplit.

Some of the units require renovations and I’m just trying to figure out the most cost effective way to do this without putting a huge hole in my pockets.

Even basic renovations ill do quartz just based on the fact that most of the time if you have to replace something twice it cost more money3) Tile tends to be smart move although there are really high quality attract bath fitters that can cut down on time and last long time.

Is a project manager essential/required on a rehab.