#HouseFlipping #HowToCalculateRehabCosts #HowToEstimateRehabCosts
What are some key factors to consider when budgeting for a low-to-moderate rehab flip, and how can you ensure your rehab estimate stays on track?
Welcome back, house flipping enthusiasts! In today’s vlog, we're diving deep into a recent acquisition that's set for a low-to-moderate rehab flip. If you're curious about what a moderate rehab looks like or want to understand the nitty-gritty of flipping homes, this video is for you!
What to Expect:
Property Walkthrough: Check out the entire house, from the dated kitchen to the worn-out floors.
Rehab Breakdown: I’ll share the budget for each major update, including kitchen renovation, flooring, and more.
Cost Analysis: Find out how much we're investing and how it compares to the potential return on this flip.
Budget Insights:
Kitchen Reno: $10,000
Flooring: $10,000
Roof Replacement: $12,000
Interior Paint: $4,500 - $5,000
Bathrooms: $2,000 each
Miscellaneous Updates: $2,000
Numbers Recap:
Purchase Price: $235,000
ARV (After Repair Value): $380,000
Join me as we navigate this project and discover how a low-to-moderate rehab can be a lucrative venture! Whether you're interested in House Flipping 101, House Flipping For Beginners, or looking to dive into the House Flipping Business in Florida, this video will give you insights on how flipping houses works. Don’t forget to like, subscribe, and leave your thoughts in the comments below.
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15 сен 2024