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Updated about 3 years ago,
How do you estimate repair costs?
Hi. I was curious how you go about estimating repair costs.
I have gotten pretty good at analyzing deals themselves and figuring out what purchase price/LTV will help optimize returns... but in such videos as Brandon Turners ( attached below video)
..
I tend to struggle to figure out where you exactly get the figures for a rough repair estimate without a contractor inspecting the property.
I understand it comes with experience, though is there any general rule you should follow?