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Updated almost 3 years ago,
Rehab Estimate for Analyzing Deals
I'm starting to analyze deals in the Central PA (Carlisle, Mechanicsburg, Harrisburg, Lancaster) area. I'm looking for suggestions on how others have come up with $/sqft to use in deal analysis for Flips and BRRRR's. This would be just to do an analysis. Or what other methods do you use to plug in a rehab estimate for analysis?
I've been reading Luke Weber's The Flipping Blueprint where he uses 3 levels at low $20's, high$20's, and low $30's per sqft. I see how this makes it quick and easy based on what type or how extensive of rehab you plan to do.