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Updated over 8 years ago,
B.R.R.R.R
What is the most quick and accurate way to get a rough estimate on repair costs on a property for an inexperienced investor who is looking to implement the B.R.R.R.R strategy. I would assume the best way to do this is walk through the property with someone who has experience renovating properties and get numbers from them and then bring in contractors to get estimates. For someone who has experience in flips, estimating certain repairs may be easier because they have dealt with them before. This is going with the assumption that not all repairs can be done by the buyer using sweat equity.