Estimating Rehab costs for prospective properties

[Charlie Parker]

Hello everyone, this is my first post as I am new to BiggerPockets. I am looking to jump in and start investing in my first property and looking to flip it. I am new to investing in real estate, and have questions. I am going to be meeting with a real estate agent to look at some distressed properties and want to know if anyone has tips about how to estimate the cost to repair any damages to the property in order to figure out if the property is worth the investment. Thanks

[James Vermillion]

Welcome to BP Charlie. What you are asking for has been the topic of many threads and articles here on BP and requires a lot of information, so much in fact that one of the resident Flip experts, @J Scott wrote an entire book about how to estimate rehab costs...I highly recommend it!