properties I buy and rent, my budget is somewhere between 6k to 10k, but things like needing a new roof can skew your figures up quick. I also make a detailed list of everything that needs to be done and place a price next to it. While I doing the rehab I place the actual price next to the budgeted price to ensure that I am within budget and adjust as needed throughout the rehab process. So I would guess for low end Nike Tavas Air Max Red
Ball Park Rehab for 1300 square foot house
at $8 a sqaure foot?
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On the Nike Air Max Thea Mid Pinnac
On the high side it would cost me no more than $7000 to get this Nike Air Max Thea Premium Burgundy all done as long as it not a drywall gut job. You should be well within $10k labor and material. Shop,shop shop around for pricing. Some additional information and pics would be great so we can get you more information.
rentals will be somewhere Nike Air Max Tavas Blue And Black
David, rehabbing for a buy and hold is a completely different animal than for a flipper. Your post here is in the rehab flipping forum and should belong in the landlording forum (in my opinion) since that is your strategy. I would say that If you don know or have experience with what things cost, there is no fast way of doing this. Every property is different. The best I think is to physically walk through the house noting everything that needs to be done to it. Take your list to home depot and get prices on the things you need. Also get bids from contractors for labor on everything that you will not be doing.
Honestly, you just don know what it will cost until you do your due dilligence.
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