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Updated over 10 years ago on . Most recent reply

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Rashad Carrizales
  • Real Estate Investor
  • Arlington, TX
0
Votes |
18
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Repair estimate question?

Rashad Carrizales
  • Real Estate Investor
  • Arlington, TX
Posted

Hello everyone, 

I'm new to real estate investing and this is my first investment. I have proof of funds from a lender, and my agent and I are hunting for potential investment properties. 

So my question is: When do you order a bid for estimating repairs, before submitting an offer or after?  Also is there a good way to estimate repairs, such as painting, carpet structural, or maybe a software or program that will do this?  Thanks

Most Popular Reply

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163
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51
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Paul Ortiz
  • Anaheim, CA
51
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163
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Paul Ortiz
  • Anaheim, CA
Replied

@Rashad Carrizales 

Try and find a local contractor or contractors in your area. Also networking with local BP members helps.

see if you can develop or have someone share with you a simple spread sheet and use it as a check off list, the more familiar you get with what needs to be done the better you'll get.

Cheers

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