How Much Does it Cost to Fix up a House?

I get a lot of questions about how much to pay for a rehab. You can find a full article on the subject here: investfourmore...
I also did a video on how much it costs just to repair a kitchen here: • How Much Does it Cost ...
You can find much more information on how to flip houses in my book Fix and Flip Your Way to Financial Freedom. The book goes over all the details on how to find, finance, repair, and sell house flips. It is available as an audiobook, paperback, or eBook on Amazon here: amzn.to/2Bi8v0O
You can see a video on how long it takes to repair a house here: • How Long Does it Take ...
I am a house flipper with 19 active flips at the moment. I spend a lot of time with contractors and budgeting for repairs. This video gives an idea of what I pay for a rehab on one of my houses. The costs can vary greatly based on the contractor you use and where you are located. The more subcontractors you use, usually the cheaper the rehab is. If you use a general contractor the costs can really increase because they will charge a premium to manage the project.
There are some contractors who are super expensive because they know homeowners do not know what repairs should cost. You have to take your time finding contractors and comparing prices to find affordable, but reliable companies. You usually do not want the cheapest when hiring contractors, but it is tough to make any money if you go with the expensive contractors.
Here is another article on how to find a great contractor. investfourmore...
Here is the after video of the home! • Tiny 3 Bedroom Fix and...
If you are interested in learning more about real estate investing I have multiple books on Amazon. amzn.to/2NOOqsl

[@investfourmore]

Here is an updated video for 2022 on repair costs kzbin.info/www/bejne/a5OvloOZgreffqc

[@armandoalcantara497]

People like you should be the ones with millions of subscribers. Your content actually improves people knowledge.

[@investfourmore]

Thank you!!

[@ccl3361]

He didn't teach you the market trend. You have to know it before buying a house for flipping.

[@KINGDOMKONCEPT]

You’re absolutely right however people are more attracted to stupid stuff.

[@saywhaat8933]

Thank you

[@gfy2979]

Yeah right this guy is a scammer. That home is a rip off probly has termites.

[@wave7707]

materials are cheap, it's always the labor that drive up the cost

[@gratefuldude941]

Not true. Material is typically more than labor for a job like this, especially if you're replacing a lot of shit. Examples: siding, roofing shingles, carpet, cabinets, windows, doors.

[@fm15243]

Grateful Dude a job like this he mentioned alot..windows yah but flooring is labour costs bra nobody is crawling on the floor for cheep labour yah feel?

[@investfourmore]

Usually, materials are cheaper than labor. We save a lot on materials and are very economical.

[@gerardjones7881]

Grateful Dude You have never met a payroll. A metal roof for my garage was quoted at nearly 2k. Did it myself, $500.

[@steverone7623]

We're paying $3.87 for a 2"x4"x8' Dumpsters 700-1000

[@f3nomeleven434]

Please do more videos just like this. Very realistic.

[@investfourmore]

I will try!

[@kobiakobia2712]

Americans surprise me with how open they are with information and how ready and willingly they share it. One of the beautiful things about American culture.

[@kimberlyhughes6548]

Brought a tear to my eye. This is my parent's home right down to the placement of the electrical outlets! Thank you for sharing the cost info.

[@deborahelliott8460]

a full remodel of a bathroom can run about 5K. That is gutting it, and putting in all new walls, installing the shower pipes and head, any tile or backsplash, new flooring, new toilet, new sink (vanity) shelves and towel rack, mirror and lights. this would also include trim work.

[@phillyvoodoo]

That's a good start price, but here in Philly it's only a start.... It rarely stays that low

[@MsMesem]

The bath and vanity were just fine, good quality needing only a good clean. Can also get cast iron baths resurfaced. This one is perfect for shower above as flat base.

[@puppyalvin]

we just bought our first flip...wish us luck, We plan to do a lot of the contracting work except the electrian and plumbing

[@investfourmore]

Good luck, if you want to scale you will need to let go of doing the work yourself at some point.

[@theomegawerty]

Puppy Alvin electrician and plumbing is very expensive you should do as much as you possibly can but yourselves watch a bunch of KZbin videos and ask for advice from people you know running Romex and retrofitting old pipes to pex lines is mich easier than you might think. Save the electrical and plumbing prices for only what is absolutely necessary

[@BigdaddiZ]

Just ask yourself how much is your time worth? If you can pay someone $12 an hour to do a job rather than do it yourself then you probably should. If you want to do work yourself learn how to do the high dollar per hour work, and outsource the little stuff.

[@vincentfusco6204]

Zach Hodge hire out the work to a pro for $12 and hr? There’s no way I would ever be the guy in charge at that rate cause you’re too stupid to to know how! I’d tell you to go scratch your ass. I have to bust my ass so the dumb ass can make a killing? How about you get up off your ass and learn all the trades like I did.

[@brianv.5686]

Very true for us that have experience, but for this person who just bought their first home to flip, doing their own work will help understand the process so they can hire others in the future.

[@z77z77]

Mark.. U picked the right house for the topic.. Every thing needs updating.. 😁

[@KimJoyceMusic]

I added up about $52k adding new systems, took a guess on doors, looked on line and figured you may add a new front and back door in, couple interiors and closets. Now this is all with out that $5k cushion you like to give and also not including the basement and yard work :)

[@HappyPenguin75034]

$52k!! That house could be built for that. I have to go see the actuals now.

[@KimJoyceMusic]

@@HappyPenguin75034 yeah man, you could build a whole house for that lol!

[@avaalexander7722]

This was excellent!! Adding up the low end of his cost estimates came to about $37,700 assuming he was going to do the roof. And he didn't include any outside landscaping, fencing, porch, or driveway issues there might be. Or inside window framing. And that's without adding on the $5000 or so for miscellaneous extras. So, about $45K.

[@nisey7653]

Thanks for that

[@boba5559]

Loved this walkthrough and breakdown! I definitely understand the difference in pricing when it comes to location but still great to see how you estimate for your area. It's been about 5 years since you made this one so is it possible to do a similar video just like this to compare post-COVID prices based on current market? Thanks for all the great information you've shared in this and other videos!

[@investfourmore]

Glad it helped!

[@thefilipinojoe]

It would cost significantly less if you hired two full time handymen who have the skills to do everything.

[@investfourmore]

Not much less in Colorado. Labor is expensive

[@lanesoe5]

How

[@ivyhernandez2526]

It would take them to long to get all that done

[@ThatJesusMusic]

Thank you for this! This is the most helpful & realistic video on remodeling that I've seen in my life. I'm actually in the process of reading your book now. I plan to become an agent for a year or 2 then start doing investment flips to rent & whatnot that you're doing now.

[@investfourmore]

Thank you!

[@sherrymojica8792]

ThatJesusMusic

[@jacekskowron1728]

to remodel a bathroom like hi sayed will cost minimum 5,000$ Can you explain how you can do all of that material and labor for 1,500$ like hi sayed.?????

[@investfourmore]

Home Depot materials, work hard to find contractors that are affordable.

[@Sequel7]

cool you should really just save and knocked it down and start over, but i can see you want to make it really liveable

[@DietTimboSlice]

This is a million dollar house in California.

[@investfourmore]

Yup in some parts

[@genalee5211]

Randy Sanders 😳

[@Morgothlord47]

2 million in vancouver... REAL ESTATE SUCKS!

[@Morgothlord47]

I mean that in location.

[@1q2w3e4r59]

3.2 million in Waikiki 😩

[@tedspens]

Thank you for sharing your insight. I've been doing home repair and remodeling my whole life and thinking about getting into house flipping. I'd be doing most of the work myself, with helpers, but still good to know what it would cost to contract it out. This information is priceless.

[@investfourmore]

You are welcome!

[@Zhonguoria]

If it costs you $100,000 to fix your house, your neighborhood better be worth $1,000,000.

[@jimmyday9536]

Don't forget carrying costs. Property taxes, insurance, utilities, interest on your money you have invested. Also, the exterior shingles are actually cement asbestos, a trace amount of asbestos to hold them together.

[@investfourmore]

Yes, those are included when I do my flip videos. This is just a repair video

[@Slingersbullseye]

Usually water damage any form ie mold or flood or plumbing and structure damage from termites and or dry rot and could be a nightmare for a flip, make sure to check for these issues and other costly issues, if it's clear of these issues and other costly problems and the neighborhood is undergoing some form of rehabilitation should be a decent flip for your money/a quick flip is best, ones that need some TLC and most work you can DIY is best way to go.

[@bomber86100]

1200 sqft house built in the 70s. 18k for siding and roof. 10k for new windows. 3k for living room total gut 5k for three bedrooms and hallway total gut. So far 36k investment and still have kitchen two bathrooms and the basement to finish. Stuff adds up fast.

[@investfourmore]

very fast

[@WealthbuilderzTV]

“19 flips at once” NICE!!

[@investfourmore]

Thank you!

[@WealthbuilderzTV]

Mark Ferguson - InvestFourMore no problem

[@antoniotiberi3157]

In Delaware you can’t put siding over asbestos without disclosing it and then you have to put enough money in escrow to remove it if the buyers don’t want it.

[@dedalliance1]

I think another thing to add that would be helpful to most people is, How long would it or does it typically take to renovate a house of this size / work load? Obviously it depends on your contractors / who ever is doing the work, how many hours they can get in per day and materials being ordered and weather conditions. But, time is money, so I think it's still a good idea to get a number in peoples heads of how long it could take.

[@investfourmore]

Here is some info but that is a good idea. That one took a couple of months. investfourmore.com/2014/05/06/long-take-fix-flip-home/

[@tatjanabaker3521]

Excellent video. Thank you for being so forthright with your wisdom. This video just provided great solutions to a couple projects that I hope I’m not in over my head. SAVED! Thanks so much. More power to you and yours.

[@investfourmore]

You are welcome

[@Oak-zs4il]

30k is sounds really cheap wish it was like that in California 🤷‍♂️

[@Aoendkth-nv7au]

Right I would rather buy this flip it as vs. Buying a car for 99,000 dollars

[@Jra16-o6t]

Thanks for this! Looking at buying a house that needs work and it’s so nice to finally see it put into perspective.

[@investfourmore]

Glad it helped

[@jayc4715]

Im scared of the asbestos..led paint..aluminum electrical wiring and old plumbing

[@investfourmore]

The asbestos won't hurt you if you don't mess with it, but always check with local laws and ordinances for all that.

[@mikewhite9818]

jay c If you fear those things do not flip. Plumbing is easy. Electrical not hard. Asbestos just paint over or cover up. What I do on a ceiling is drywall over. Tv blows all that way out of proportion with men in space suits.

[@Queondacutpodcast]

@@mikewhite9818 nice

[@Notarobot310]

@@investfourmore you being misleading with that statement about asbestos, 2 reasons, First it hurts the resale value due to disclosure statement that this product is present, second if as you had done, replace windows and doors. Dust from this product will be released into the face and exposed skin of the installer. Another reason asbestos is so dangerous is potential of fire, not only are the residents subsequently effected but also the neighborhoods. Abatement is the only path and typically adding 10K to your cost on a a home of this size. BTW materials are higher than labor cost on most trades in the industry. Other than that, good video, keep it up. Another note, I also am a house flipper and have hundreds of from the breaking ground up construction of new homes.

[@Chanhee]

Where I’m from that’d sell for like 40k at most when it’s renovated

[@investfourmore]

I believe it every market is different

[@Chanhee]

Mark Ferguson - InvestFourMore Lmao that’s why I said “where I’m from”

[@elmyra.jackson]

This house may be a lot of work but looks sound and well built!! A corner lot makes it more desirable!! I'd love to see the after!👍

[@investfourmore]

Check out the links in the description to see the after

[@elmyra.jackson]

Mark Ferguson - InvestFourMore Thanks for answering so quickly!👍

[@eddenoy321]

Miss Elmyra Yes the corner lot gives an open field of view on two sides for those who are interested in drive-bys.

[@TheWillyD]

Fun fact…. The plant/company that makes those windows is like 10 miles from my home town…CRAZY 🤣

[@investfourmore]

Jeldwin?

[@TheWillyD]

@@investfourmore yessir… I just thought it was crazy 😬😬

[@juliousdavis8105]

I do this for a living. The highest cost is labor and that is kinda of unpredictable what that may be. However materials can be estimated usually before buying home. If a person can do majority of work at high end level, then normally a person can't lose as long as house was bought at good price. The problem with DYI homeowners is this. More times than not home owners try doing the work but the quality is so bad that next owner will probably just tear it out if it isn't on par with what they expect even though there actually may be no problems with the materials themselves. For instances on a $250k new construction forclosure I did. The house was probably 80% finished but got repoed before finishing. They laid this extremely expensive exotic hard wood floors through out whole house ($35k for materials). Their cuts were super tight which probably looked good at the time but no climate control was going in house for a long time after repo. They put it all tight against wall when normally you want 1/2" gap minimum around all walls. People don't realize this or they plain think it's not true but it's actually more dramatic than you would ever think. Wood will expand and shrink depending on tempature and humidity. So the particular house I'm talking about, they laid the floor in the winter when the wood had shrunken to its smallest size. Then no a/c or heat for two years after repo. So in summer time when I looked at property, the entire floor had buckled and ruined and warped all the hardwood floor. Not because the hardwood flooring was bad but because a DYI homeowner thought he could do it and installed it totally wrong. As I said before it was probably even georgous after they installed. They had good cuts but it was way too tight and like dummies they actually put glue in spots in middle of floor. It's fine to do in certain areas but a hardwood floor or laminate floor needs to be able to float and move. Seriously I've seen floors that will expand up to 2" over the span of a bigger room. That's why I try to go 1/2" to 3/4" away from wall framing when added with opposing wall would give 1"-1 1/2" to move around. As long as the drywall is lifted off the floor like it is suppose to, trim will cover any gap which is perfectly normal. So if we automatically get a 1/2" from framing to drywall and then bump out a additional 1/4" we're right there at our 3/4" with trim easily covering gap by close to a 1/2". If it's a monster room, I will sometimes even go 1" on my walls with longest run. Trim is normally 5/8-1" thick (sometimes more if custom). You just got be careful because if you make too big of gap, trim won't cover it. Some people will just put corner round down when that happens but sometimes that looks shoddy depending on design. Maybe one day I create a website / business to help home owners not make these kinds of mistakes. They pay small fee and I give advise how to get the best finished product and show them tricks of the trade no contractor will tell them. By the way I have a college degree and about 20 years of hands on experience. Not only do I know the correct way to install things, I know the scientific reasons behind why we install materials certain ways. The problem with DYI homeowners is they think they can watch a video on KZbin and all the sudden their a expert. Their is just some things they should leave to the professionals. I'm not trying to dog dyi people because that's actually how I first got started in this line of work. Another major mistake DYI people do is rehabbing the wrong things on the house which won't increase the price. I've seen homeowners drop $30k on a certain renovation just to get the exact same price they would have got had they done nothing. Sometimes I think homeowners do projects out of boredom more than it actually needing the work. In my opinion bathrooms, kitchens, flooring, decks and additional buildings like garage or barn are the biggest money makers. Those are some of the things that may be the difference between selling their house at the price they want or not. Now just because you redo your kitchen doesn't necessarily mean the new owner will like it. If it's a investment property I always try to go with something kinda of neutral just in case the design of the house ever changes.

[@investfourmore]

I agree with all of that. I never do the work myself.

[@CoxHometownInvestmentsLLC]

Can you do another video on how much it costs to fix up a house today and the major changes that you’ve seen over the past 5 years

[@investfourmore]

Yes I was planning on it!

[@richardtucker5686]

asbestos siding can be repaired with concrete siding, 100.00 box of 20 at home depot

[@investfourmore]

yes!

[@windygorge1]

by the way, i love you getting in there and coaching us regardless of different market area. thanks

[@investfourmore]

Thank you

[@barryclark1613]

Not disputing prices for repairs but seriously your going to replace that door for one hole I had four worst than that had a contractor gave me an estimate 300,00 a door I took them all down other than paint I've got 5,00 materials and time which was about hour a door

[@mattd2503]

$1,500-$2,000.. to redo the bath w/a new tub vanity and tile.. where are located?.. up here in the north east we use to charge $3,500-$4,000 to put in a tub.. now it’s down to $2,000…I hope your contractors are qualified... Same old story people with a lot of money want it done for dirt cheap... you’ll get what you pay for...

[@2DownTailUp]

Loved the video. I’m thinking about buying a fixer upper in a great location to live in. But I don’t want to get in over my head so I’m trying to get a realistic estimate of predicted pricing to fix it up. This was very helpful.

[@investfourmore]

You can do it!

[@bg147]

I like the old, exhaust fan in the kitchen ceiling.

[@davidgriggs4875]

Instead of removing the paneling, just shoot texture on it.

[@supertriz]

David Griggs gotta redo the electrical, so it has to come off anyway...

[@eltonamorim205]

widows $ 2,500 dumpster $ 500 siding repair $300 exterior paint $2,500 roof replacement $5,000 trash clean out $1,000 hardwood floors refinish $1,500 interior paint $2,000 trims $1,500 new drywall $5,000 new eletric wiring $4,500 new interior doors $600 new vanity $300 new plumbing replacement $4,500 new kitchen and appliances $7000 new hwh $800 tile work $500 new A/C $2,000 extra $3500 for finishes total $44,000

[@jurnagin]

do it all yourself! materials are expensive so shop at discount supply stores

[@investfourmore]

Your time is worth money and if you don't know what your doing you could be doing more harm than good.

[@patillinganna]

Nice video..👌 It’s always better to 1) select materials of your own choice 2) take labour service only (ofcourse take some recommendations from labour) This way you can save more than 35% We recently renovated our 2BHK house (complete renovation) in £12K (4 thousand pounds labour + 8 thousands pounds for all materials including all furnitures and all interiors) 🏡👍 Kitchen takes major chunk of investment.. Do some research on your own n get your home dream come true.. I will post before and after videos which will give you fair idea 💡 so stay tuned ..

[@edhorsegolfer4784]

About 30k. I would go in with 2 men and gut all the walls and carpet and ceiling. you need the dumpster dumped and returned. I would need all your specs on bathroom and kitchen equipment to move plumbing and electrical while I rewire it. In the end I would be there about 4 weeks maybe 5 and put 12 or 15k in my pocket after my labor costs expecting you to buy materials except what I can get delivered wholesale. I would actually live there during the project. A guy like you is just what I need.

[@artemwashere6103]

walter mccue I’ll need a guy like you soon !

[@realhouseguest]

Where do you flip?

[@Magnum_Wolf]

That's WAY freakin cheaper than I thought. I want to renovate the house I'm living in, and it's a little bigger than the house you showed, and I thought it'd be over $100,000. I know you said the price varies between contractors, but this still calmed me WAY down. And we have tools and equipment to help lower the cost as well. Thank you

[@investfourmore]

You are welcome

[@Lambert7785]

a good reminder, thanks

[@investfourmore]

You're welcome

[@ShiningSakura]

hope you kept most of the doors, those are vintage all wood doors! Those are worth alot!

[@sync3680]

Good explanation about it.

[@KUBBI7488]

you got reasonable contractors !!!!!!!!

[@user-dx7gh8qi4o]

For real, 4 or 6K for a whole house rewiring job? For real? Try 10 to 20,000 dollars here in Virginia. I am not kidding, lol. All contractors are sky high here.

[@investfourmore]

I could easily pay that much if I did not shop around.

[@victorvek5227]

Can’t imagine getting wood floors refinished and an entire house interior painted for less than $5000 in NJ. The title should say “in X”... these numbers are fantasy for most of us

[@investfourmore]

Really? That is crazy expensive. I am in Colorado

[@Kevin-sm8pn]

Different places have different prices, hon. You can't expect things to cost the same all over the world, lol. Use your brain, hon.

[@vanscoyoc]

Looks like sub humans lived there. They do exist. Being poor doesn't mean you can't take the trash out and clean up after yourself. That is just basic work. No cost, just sweat.

[@JohnDoe-jt9oq]

If you don't have anything nice to say, don't say anything at all. I learned that in kindergarten.

[@ExtraordinaryLiving]

A bit judgemental here, aren't you?!?! You don't know the circumstance of the previous owner based on the content in this vid. Thanks to the trashy condition left behind, this guy probably had one more element to help him negotiate the home price down.

[@skytrip5273]

The estimate on the bathroom is a bit low. I just finished a bathroom that size for $7000.00

[@investfourmore]

Prices have changed!

[@technojunkie213]

You should show before and after.

[@investfourmore]

We do. look in the description

[@jrfergus65]

Farming all of the work out is a slippery slope. But I understand the concept.

[@loulout9185]

Thank you so much for this great video ! It’s very inspiring and informative

[@investfourmore]

You are welcome

[@jaynecobb3701]

14:17 That is an old Federal Pacific panel. Those are dangerous and need to be replaced. The breakers do not work.

[@propertyservices1]

Great info. Those are very accurate #'s.

[@sieve5]

Great video man, I just bought my first house (foreclosure). Got it for 9k, and the neighborhood is pretty good for what I got the house for, so I got a big win on that one! This video helped me figure out how much it will be to fix it all the way up. Expecting I'll be all in for about 30-40k. It's only 850 sq feet so I'm hoping it's on the lower end.

[@weeeeeeee945]

Good luck, how did everything come along??

[@alwayswell6119]

Hi, where did you see the house advertised originally? How was the process?

[@jimfocus3128]

Location, location, location, location, location, they will never tell you that location is basically the house.,

[@corastory4817]

Really helpful for brand new pricing - making me really optimistic since we're getting a lot of used appliances and repurposed hardware

[@investfourmore]

Glad it helps!

[@mayoutoobid]

Only $2500 for bathroom renovation? including new tub, toilet, sink + installation?

[@investfourmore]

Things are getting more expensive now.

[@jessebaker5350]

There’s no way

[@janjISMYname]

We renovated our entire bathroom for less. Had the tub resurfaced, this guy was outstanding, from that old ugly aquamarine-green to white which looked like a new tub. Got a new vanity discounted because the granite top had a discolored line on one side. The whole bathroom was around 1500. Budget queen who also does some of the labor myself.

[@homesandlife2704]

Good info. Thx

[@investfourmore]

Glad it was helpful!

[@shvedas]

Damn, I completely renovated my balcony for just 270$. But that's in Russia. Crazy prices you have there!

[@investfourmore]

different everywhere!

[@califdad4]

my late Aunt and Uncles home had that siding, and some years back, we were getting lots of sales people calling for vinyl siding , and my aunt just started to tell them you don't want to do this house, it has Asbestos siding and they usually hung up LOL

[@investfourmore]

haha

[@garyteague9555]

paint the asbestos siding ! that stuff holds paint for years

[@migapena6576]

WOW! Love this house the way it looks like now!

[@LoveConquersAll888]

Excellent content thanks. Keep the videos coming

[@investfourmore]

Thank you!

[@steveculberson9320]

I can clean up

[@tanya8116]

Thanks for the information. It's helpful to get some ball park estimates.

[@endlessunivese9350]

3 workers included i can count his prices

[@jonathangatto]

You can get the tile restored for like 1800 for the whole bathroom and it would look awesome

[@utah133]

It can be endless if you live in it.

[@BJNeyer]

Asbestos siding isn't made of asbestos it is made of concrete, with asbestos reinforcing fiber. It is also non-fractal so you can't release the asbestos accept if you grind it all down to a powder. In addition there is very little asbestos fiber in the shingle.

[@investfourmore]

From what I have heard it is tough to be harmed by asbestos in houses. I am by no means an expert though.

[@BJNeyer]

If it is lose blown in, or applied mixed with a glue so it stuck to surfaces, now that can be problematic, and you have to do remediation. I've seen that in houses, however, what I saw as remediation drew a "REALLY" from me. They simply sprayed a clear lacquer on it then broke it lose and stuffed it in garbage bags.

[@tylermundy7985]

Super helpful info!

[@supbabe7203]

God, how do people leave homes like that...

[@MegaAli213]

Awesome video, bro thanks for the watch. Just subscribed. After closing my small home delivery transportation company, I'm looking to do something new. I travel a lot, mostly southeast Asia, my wife family home, Malaysia, where the real estate is very affordable, and selling a buying is relatively easy. As a veteran, I'm fortunate to have a network already in place that I could depend on, if I chose to get into house flipping.

[@investfourmore]

Very cool, good luck!

[@chrisclarke548]

Friends don’t let friends buy cabinets from Home Depot. CUstom Service Hardware, ask for Chris.

[@investfourmore]

Friends shouldn't let friends spam on KZbin

[@robertkat]

It costs $80K to remove the the house, and $350 to build a new house on the property. No one in their right mind would remodel the shack.

[@investfourmore]

I made $35k remodeling it so i guess I am crazy

[@brett76544]

as the home owner, you can remove the asbestos, now any contractor has to be licensed. that is from an asbestos inspector

[@investfourmore]

Doesn't it vary by state?

[@brett76544]

Yes , but there is always the OSHA standard 1926.1101 to follow. So like you said, check with the state laws and sometimes the local. Around Syracuse NY there is a law for the water discharge from asbestos projects and is about the only local law I know of. OSHA 1926.1101 list the work practices for friable and non-friable materials and section K that requires the owner and the contractor to notify workers of a hazard. That covers the asbestos inspection, but also refers to follow the EPA AHERA for the testing. Then NESHAPS for EPA that covers commercial and 4 unit or more residential structures. So any where follow OSHA work practices and even some things in NESHAPS. Then some states like NY have some more things beyond the OSHA work practices to do. In PA the law is for training and licensing. So in PA it is follow OSHA, EPA and have fun. From working in NY for asbestos and enforcement in PA the two states are like night and day on asbestos. One thing about the siding, it is a Class II non-friable material, but by smashing it with hammers to remove it, changes the class to a Class I Friable material. With just removing an intact panel, no problem as a non-friable exterior job. I have sampled an entire block of houses for a large parking lot where over half of them had Asbestos in the plaster. Little to say it was a very expensive parking lot due to that. Most of the time with residential if you find asbestos it is in the kitchen, bathroom, heat ducts and roofing materials. I do like how you addressed the asbestos and lead paint. I was very impressed that they were addressed in the video, thank you. I have over 10 years working for an EPA lead licensed firm along as an asbestos inspector/project monitor. Then over 8 for enforcement for asbestos in PA.

[@BWitch08]

What’s the best method to finding quality investor friendly General contractors ?

[@investfourmore]

investfourmore.com/find-contractor/

[@IFollowAfter]

Why do many flippers change all windows? I have done several rehabs and sold them and never changed all windows. I have changed a few bad sashes but never all windows. Thanks ahead of time for your response.

[@investfourmore]

It is a big deal here with Colorado temperatures. Are you in a warmer climate?

[@lezamac6]

hey do you have a video on how you got started in flipping houses? like i know a lot of family members in plumbing and construction so i can get cheaper labor but how to get money for buying a house in aweful condition? thanks man

[@investfourmore]

www.amazon.com/gp/product/1517318084/ref=dbs_a_def_rwt_bibl_vppi_i1

[@richardlay1492]

Where you find your money backer win you you started

[@investfourmore]

Worked with my dad as a very limited partner.

[@animewatch4213]

2000 to paint that? that sound like a rip off.

[@amilli092]

you can do it yourself for more than $2000. $500 to paint and waste the materials doing a hack job and another $4000 for someone else to go after you and fix your shit and repaint

[@aeromedical6750]

@Anime watch - you ever painted the outside of a home? It requires way more prep work than inside and the paint itself is more expensive. 2K is a bargain to get this done by a decent painter.

[@amilli092]

@@aeromedical6750 this channel caters to the clowns that dont appreciate the tradework and think anyone can do construction. yeah right lol. spend your money diy and then spend more money hiring a professional to do it right

[@rjrj9431]

I just did first fip bought it in winter 2019 and coronavirus hit amd slow us down. We just going sell it 1-5-2001. We only going male $1500 of it. Thought we would make more when first started. We look for our 2nd flip now. We learn what and not to do next time.

[@rwl6935]

Mark, how do you acquire these homes... foreclosures, tax sales, auctions? I have a home improvement business and was thinking about getting into flips. Thanks!

[@investfourmore]

investfourmore.com/2017/10/12/podcast-122-getting-great-deals-investment-properties/

[@dialac1]

Instantly subscribed!

[@garygwin1741]

Oftentimes, more than what the home is worth.

[@Everythinggutter]

Thinking about starting to flip homes myself, maybe start posting some of the vids. The gutters look great👍

[@investfourmore]

Thanks!

[@omarkaya42]

Y'all are monsters!! Gettin' after it! Would love to know what you bought and sold this beast for.

[@investfourmore]

$100,000 and $195,000 or $200,000

[@brianmiller5074]

Get video. Hey Mark you said you have a great deal with your plumber. Can you educate a mid life career person looking to get into the real estate market with a couple rentals. How to you go out making the connection for your contractor team, finance team, real estate agent. I have never done this type work as a IT professional for 25 years its basically 9 to 5 for me, but I would like to change this and start establishing my team and to learn the whole process and maybe venture into small side real estate cash flow in the future. What are the basic steps to a very newbie again VERY newbie? Thank and great video.

[@investfourmore]

Have you seen my book build a rental property empire?

[@seichorn4079]

in my experience, it costs all of it, all the money. lol!

[@granjmy]

That is a gorgeous lot!!! Look at all that yard!

[@investfourmore]

Thank you

[@FurlowT]

What state is this in? That will greatly effect what your costs are going to be.

[@investfourmore]

Colorado

[@AuntieEm294]

Full gut job. Down to the studs. You don't have to change the footprint, at least. $50K-$75K

[@douglasthompson9070]

After all you said, dozing it and restarting sounds better.

[@investfourmore]

No way

[@pskarts20]

I wouldn't buy stuff at Home Depot you can get much better deals a mom and pop owned cabinet and window places. I got a mahogany door for 150 had to replace the glass for 40 but it looks fantastic.

[@investfourmore]

After our discounts and using the right programs it is cheaper to use Home Depot in most cases

[@pskarts20]

Mark Ferguson - InvestFourMore Oh cool.

[@javierledesma9349]

Where exactly did you order that siding ?

[@investfourmore]

I think it was home depot

[@janetwentz3259]

Love your videos!!!!!!

[@investfourmore]

Thanks!

[@JazmyneDrakeford]

When you're estimating these prices, are you talking about hiring people to do this? Because some of this could be done yourself cheaper, like repainting, pulling up carpet, etc and done well if you are handy and have an eye for detail cus some of these numbers dont sound right

[@investfourmore]

Yes, I hire people to do everything. Sure you could save a little money doing it yourself, but your time is worth money. I have much more productive things I can do with my time.

[@warriorloyal3621]

Jazmyne Drakeford and at 19 properties a time my much more realistic to hire someone else while you look for more investments

[@josephailport9787]

19 remodels he is hiring.

[@wfdrum]

Jazmyne drakeford is totally right she knows what she's.......o wait who's the one with 19 flips making tons of money? Not jazmyne! He's doing something right!!! Now shut your mouth and learn woman!!!!!

[@bethmerryfield7186]

Thank you for the average costs of upgrade!

[@investfourmore]

you are welcome!