Determining repair cost

[Chanel W.]

I have the opportunity for a wholesale deal I just don’t know how to determine repair cost of the property. Is there a certain method to use? Because I don’t want to market the property to my cash buyers at eight to high of a price I need help.

[Spencer Cornelia]

Since I recommend understanding how to determine repair costs yourself, find a local contractor and pay him to walk the property with you.  After doing this for 2-3 properties, you should start to become aware of general costs and what to look for.

You'll gain a lot of credibility with investors if you know the rehab numbers.