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Old 05-31-2012, 07:18 PM   #16
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How much would it cost to repair this home?


If it is a foreclosure, or problem house that is advertised as "needing work" = What ever you think it will cost, multiply that by 3X to 4X. That is generally what you end up paying for all the additional work, beyond what you can see on the surface.

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Old 05-31-2012, 08:57 PM   #17
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How much would it cost to repair this home?


How is the lot ?? If the mold has overtaken the home tear it down and build another in its place.

You could act as your own G.C and sub all the work out.With mold infestations that are too far gone people with deep pockets can hold the course but people who are not familiar with these flips or types of properties tend to lose everything with these money pits.
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Old 05-31-2012, 09:00 PM   #18
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How much would it cost to repair this home?


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Originally Posted by vln
What are "good" homes in the area selling for? If they are selling for, example, $70,000, I think it is a good idea, if they are selling for, example, $30-40K, it isn't worth the money needed to restore the house.

And don't mind the negative nancy's here, this forum is full of them.
And this forum is full of a lot of people like yourself who have no idea what they are talking about.
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Old 05-31-2012, 09:57 PM   #19
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How much would it cost to repair this home?


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What are "good" homes in the area selling for? If they are selling for, example, $70,000, I think it is a good idea, if they are selling for, example, $30-40K, it isn't worth the money needed to restore the house.

And don't mind the negative nancy's here, this forum is full of them.

They are buying the home for $24k and if the homes in the area are selling for $70k that leaves a window of $46k.

If the rest of the home looks like those pix then $46k is not enough IMO to try to turn a profit.Most flippers try to profit from the restorations.
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Old 05-31-2012, 09:58 PM   #20
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How much would it cost to repair this home?


I'll do it for $500.00 a day plus expenses. You'll have to fly me out, first class of course! And I only work on Tuesdays. Golf the rest of the week. You pay for that too. I'll have it done in a little less than 2 years.
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Old 06-01-2012, 06:28 AM   #21
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How much would it cost to repair this home?


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I'll do it for $500.00 a day plus expenses. You'll have to fly me out, first class of course! And I only work on Tuesdays. Golf the rest of the week. You pay for that too. I'll have it done in a little less than 2 years.

Wow!!!
where are you flying in from?,.....Zuccotti Park
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Old 06-01-2012, 06:43 PM   #22
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How much would it cost to repair this home?


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And this forum is full of a lot of people like yourself who have no idea what they are talking about.
Or certain people who didn't pass high school algebra.
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Old 06-01-2012, 06:56 PM   #23
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How much would it cost to repair this home?


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Or certain people who didn't pass high school algebra.
What in the world does this have to do with the OP question.
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Old 06-01-2012, 08:07 PM   #24
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How much would it cost to repair this home?


He digressed off the subject, I apologize, this should have been taken to PM.
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Old 06-01-2012, 08:32 PM   #25
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He digressed off the subject, I apologize, this should have been taken to PM.
Only person I see going off topic is you. PM, yes it is 7:31pm where I am, or did you mean Planned Maintenance. OH, personal message. Most of us have it turned off, to keep people like you from bugging us.
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Old 06-02-2012, 08:28 AM   #26
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How much would it cost to repair this home?


PM = PERIODIC maintenance.... sheesh Greg, you know that.... why are you trying to confuse people?

Moderators have their PMs turned on so members can send them messages and complain about other members harassing them, calling them names, etc. ....or they can just use the red ! and report them.

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Old 06-03-2012, 01:07 AM   #27
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How much would it cost to repair this home?


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Hi experts..

I was looking at a foreclosure property in Michigan. I found some problems in the house. There is I think some mold there. Can anyone suggest if it is a good idea to buy it? How much do you think it will cost to make the home liveable?

Pictures of the damages will be attached in next comment.
I can tell you how much it will cost 14 trillion dollars there you got your price quote!
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Old 06-04-2012, 11:22 AM   #28
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How much would it cost to repair this home?


If this thread were a horse it would be glue already...or on a Chinese buffet.

Shoot it!

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