Failed to estimate a rehab

[Mounish Thatikonda]

I am reaching out for guidance and assistance as I embark on my journey into real estate investing, specifically focusing on rehabilitating and renting properties. Today, I had the opportunity to visit a foreclosure property located in the western suburbs of Chicago. While initially enthusiastic about the potential of the property, upon inspection, I found myself overwhelmed by the extent of work required for its rehabilitation.

As a beginner in this field, I must admit that I feel ill-equipped to accurately assess the necessary renovations and calculate the total cost of rehabilitation. I recognize the importance of having a thorough understanding of the scope of work and associated expenses to make informed investment decisions.

Therefore, I am seeking recommendations for experienced contractors or professionals in the area who specialize in property rehabilitation. I am looking for someone who can provide an expert assessment of the property's condition, outline the necessary repairs and upgrades, and offer reliable estimates for the rehabilitation costs.

Any guidance or referrals you can provide would be immensely appreciated. Thank you in advance for your support and assistance in this endeavor

Thanks in advance