Estimating Rehab Costs as a New Investor

[Christian Deaton]

Hey BP Family!! As I look to purchase my first property, my fear and nerves are constantly keeping me from obtaining this milestone..with my biggest fear being estimating rehab costs initially. I fear the idea of purchasing a property with improper rehab expectations, and it ultimately turning out to way above budget.  So I decided to reach out to the BP family for some tricks/tips. What are some ways that you all estimate rehab costs when viewing properties initially? I know estimates are just that (estimates), but what ways have you more-experienced investors used to get as close as possible to predicting costs??

Thanks in advance! Any and all advise is very much appreciated!!