Figuring Costs

[Richard Mann]

We have 2 bids on properties, one for a flip (we think) and one for a buy and hold.

On the home that we might flip, if we were to get it, it needs a LOT of clean up in the home and the yard. Other than that it needs stuff like carpet, paint, some drywall patching, a new furnace (they took it out) and appliances. Really not in that bad a shape as far as I can tell.

Since we are pretty new at this I ask my contractor friends a lot of questions. I found this site: http://www.homewyse.com/services/index.html and so far it seems pretty accurate based on questions I have my contractor friends. The site has just about anything I could envision needing at some point.

Has anyone else seen or used this site and what were/are your thoughts on their accuracy?

Thanks

Rick