EPISODE · Jul 12, 2024 · 13 MIN
How Much Do Renovations Cost for Rental Properties? Highlights from Affordable Housing Podcast!
from Affordable Housing & Real Estate Investing
Ever wondered how investors estimate their renovation costs?? 🤔 This is one of my biggest questions when I started out... so I asked many investors and contractors from different markets to provide you with a general idea! Watch 👀 and Learn💡! 🔍Discover the inside scoop on renovation costs and strategies with our expert panel and real-life investor stories! In this video, we dive deep into the world of renovation expenses. Join us as we gather insights from seasoned investors who share their experiences and tips for optimizing your renovation budget. Whether you're flipping houses or upgrading rental properties, you're a seasoned investor or just starting out, this video is packed with valuable information to help you make informed decisions in your real estate journey. 💼🏡📢 DISCLAIMER - ALL INFORMATION & DETAILS SHARED ARE MEANT TO BE FOR ENTERTAINMENT PURPOSES ONLY. THIS IS NOT LEGAL, FINANCIAL, INSURANCE, TAX, OR INVESTMENT ADVICE. THIS IS NOT A SOLICITATION FOR ANY INVESTMENTS AND SHOULD NOT BE CONSTRUED AS SUCH IN ANY FORM. 📌 We are NOT insurance agents and we are not providing any insurance advice re: appropriate coverages for your properties. All investments have risks. This is not an offer to purchase securities. 📌Check out https://affordablehousing.io to stay up to date on our latest content and project updates by joining our community full of Affordable Housing investors!📌 Please support the Affordable Housing Podcast by joining the Subto community via our referral link: https://subto.sjv.io/ZQOxM0🔔Don't forget to like, comment, and subscribe for more insights and tips on affordable housing and real estate investing! 🎙️ If you know anyone that invests in Affordable Housing and would be a great guest on this podcast, please have them DM me on IG @InvestWithKentHe !https://kenthe.steadilypartner.com/ - Please support our Affordable Housing Podcast & Channel by getting a FREE Insurance quote for your rentals from our referral link (my partners saved ~$1,200 recently via Steadily). Please make sure you are comparing the right coverage limits for savings! https://padsplit.referral-factory.com/OXd4uS/join^Please support our Affordable Housing podcast by using our referral link above to get access so you can see if @PadSplit is the right platform for your co-living rental properties^ 00:00 Deal Deep Dive + Dr. Joe's approach to rehabs (and why?) 00:50 Tips for Long-Term Rental Property Upgrades (Pablo) 02:00 Section 8 Property Rehab: From Estimate to Final Investment (RJ) 03:02 Projected 20% ROI: Real Life Padsplit Investment (Beth) 04:02 5 - How to estimate total costs for Houston Padsplit (co-living) rentals? (Ryan) 04:56 How Much Can You Make with a Residential Assisted Living Investment? $13K PER MONTH?! (Isabelle)06:18 What does a typical garage conversion cost? (Tyler) 06:52 What does a Garage Conversions Cost? Or a Kitchen Remodel? - Tips from a GC (Tyler)08:13 Extra $1.6K / month from a Padsplit Garage Conversion?! (Ray)09:29 Case study on a Section 8 Rental: Real Numbers! (Andre)10:26 Maximizing Detroit Property Value: Cost-Effective Renovations and Tenant Preferences (Stu) #RealEstateInvesting #RenovationTips #PropertyInvestment #Budgeting #ROI #section8 #affordablehousing #assistedliving #realestate #expenses #tips
What this episode covers
Ever wondered how investors estimate their renovation costs?? 🤔 This is one of my biggest questions when I started out... so I asked many investors and contractors from different markets to provide you with a general idea! Watch 👀 and Learn💡! 🔍Discover the inside scoop on renovation costs and strategies with our expert panel and real-life investor stories! In this video, we dive deep into the world of renovation expenses. Join us as we gather insights from seasoned investors who share their experiences and tips for optimizing your renovation budget. Whether you're flipping houses or upgrading rental properties, you're a seasoned investor or just starting out, this video is packed with valuable information to help you make informed decisions in your real estate journey. 💼🏡📢 DISCLAIMER - ALL INFORMATION & DETAILS SHARED ARE MEANT TO BE FOR ENTERTAINMENT PURPOSES ONLY. THIS IS NOT LEGAL, FINANCIAL, INSURANCE, TAX, OR INVESTMENT ADVICE. THIS IS NOT A SOLICITATION FOR ANY INVESTMENTS AND SHOULD NOT BE CONSTRUED AS SUCH IN ANY FORM. 📌 We are NOT insurance agents and we are not providing any insurance advice re: appropriate coverages for your properties. All investments have risks. This is not an offer to purchase securities. 📌Check out https://affordablehousing.io to stay up to date on our latest content and project updates by joining our community full of Affordable Housing investors!📌 Please support the Affordable Housing Podcast by joining the Subto community via our referral link: https://subto.sjv.io/ZQOxM0🔔Don't forget to like, comment, and subscribe for more insights and tips on affordable housing and real estate investing! 🎙️ If you know anyone that invests in Affordable Housing and would be a great guest on this podcast, please have them DM me on IG @InvestWithKentHe !https://kenthe.steadilypartner.com/ - Please support our Affordable Housing Podcast & Channel by getting a FREE Insurance quote for your rentals from our referral link (my partners saved ~$1,200 recently via Steadily). Please make sure you are comparing the right coverage limits for savings! https://padsplit.referral-factory.com/OXd4uS/join^Please support our Affordable Housing podcast by using our referral link above to get access so you can see if @PadSplit is the right platform for your co-living rental properties^ 00:00 Deal Deep Dive + Dr. Joe's approach to rehabs (and why?) 00:50 Tips for Long-Term Rental Property Upgrades (Pablo) 02:00 Section 8 Property Rehab: From Estimate to Final Investment (RJ) 03:02 Projected 20% ROI: Real Life Padsplit Investment (Beth) 04:02 5 - How to estimate total costs for Houston Padsplit (co-living) rentals? (Ryan) 04:56 How Much Can You Make with a Residential Assisted Living Investment? $13K PER MONTH?! (Isabelle)06:18 What does a typical garage conversion cost? (Tyler) 06:52 What does a Garage Conversions Cost? Or a Kitchen Remodel? - Tips from a GC (Tyler)08:13 Extra $1.6K / month from a Padsplit Garage Conversion?! (Ray)09:29 Case study on a Section 8 Rental: Real Numbers! (Andre)10:26 Maximizing Detroit Property Value: Cost-Effective Renovations and Tenant Preferences (Stu) #RealEstateInvesting #RenovationTips #PropertyInvestment #Budgeting #ROI #section8 #affordablehousing #assistedliving #realestate #expenses #tips
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How Much Do Renovations Cost for Rental Properties? Highlights from Affordable Housing Podcast!
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