Rehab Cost

[Devin Pickett]

Good morning,

My question is how do we go about estimating rehab cost? I've been told $30 per sqft is the rule of thumb. Is this accurate? I would imagine this could ruin you as an investor if you get this wrong. I've had a few answers but nothing in depth.

[Allen Fletcher]

@Devin Pickett

If you want a good in depth guide to estimating rehab costs, try picking up a copy of J. Scott's book on estimating rehab costs. It is sold here on BP and you even get the book on flipping houses by J Scott in a bundle with it. Otherwise, you need to build some experience.

Regards,

Allen Fletcher