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BRRRR - Buy, Rehab, Rent, Refinance, Repeat

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Ugo O.
  • New to Real Estate
  • Canada
9
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8
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How to estimate a rehab

Ugo O.
  • New to Real Estate
  • Canada
Posted Apr 19 2024, 17:15

Hello Everyone,

When looking at pictures of a home, how do you go about estimating what the cost of the rehab would amount to? Do you ask for more in-depth pictures of the property and then go to the contractor and ask for a rough quote? I can imagine this would get annoying for every single home. Another thing I am thinking about is getting pictures, and then writing out the items that need work, putting an upper band figure on it, and then using that in my analysis. 

But I want to hear from the more experienced folks, how are you guys able to accurately analyze rehab costs?

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