Southern California Rehab/Repair Ballpark Costs

[Morgan McRae]

Hey there. Anyone with more experience have a response for me here? I am hoping to run my estimates of repair/rehab costs by this forum to see if my estimations are correct for So Cal and San Diego specifically. I realize this is an extremely simplified version, but want to make sure I'm in the right ballpark since San Diego is its own kind of monster regarding contractors, material pricing, etc.

Do these simplified estimates seem about right? Perhaps a flip team has data regarding what their rehab estimates come out to. This would be helpful as I'm formulating my offers going forward. Any guidance anyone might have would be appreciated. Thanks in advance for any responses.

-Morgan

[Joe Homs]

@Morgan McRae and @Mario Casarez correct a standard rehab is around $75K, but you are correct that there are additional fees if you need a new roof, electrical, or plumbing.  Roof around $15K, Electrical around $7.5K, Plumbing around $7.5k.

Good Investing...