Solved: Learn how to ESTIMATE rehabs

[Trevor Candice]

I’ve read the book that’s thrown around when this topic comes up. Its fantastic. But it doesn’t solve that need for a newbie. The need of how to look at a house and see its problems and what’s that going to cost. With the book, once you know your problems, then you just whip it out and start plotting it down based on your issue. Chapter x is flooring, flip to flooring, do some calculation. Then voila, you got your budget. What I need, and I suspect others out there, is the step before that. I need the help identifying the issue and figuring out what is worth it.

I’m not looking for short-cuts. I’m not looking to cut corners. I’m looking for a better way of learning that solves my need. So, here’s my solution:

I would love, love it, if some GC was willing was to help with the following: We'll take some example houses I'd hope my ARV house to aspire to and then we'll compare them to several in the area that aren't as nice and need work. What I'm hoping from this exercise is to learn what's it going to take from a cost/time perspective. Help me to see what things to look out for. Rough, rough, estimates of what's it going to cost, how much value that's going to generate, and is it worth it. All the things that would help me start being able to flip through properties on my own and call out issues, fixes, and to some degree rough costs.

That’s how I need help estimating rehabs. That’s the book I need. That’s the course I need!