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Updated over 9 years ago on . Most recent reply
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Help! Rehab costs
Hey BP,
My biggest weakness in my real estate investing so far is estimating rehab costs!! It drives me nuts. Does anyone have a particular sheet they use to help them out? I understand and I'm pretty good at finding what needs to be fixed but pricing it out kills me. I am also a home inspector for an energy conservation program so like I said finding the problems are no issues. Please if you have any resources or sheets you would like to share I would be very thankful for it.
Ps yes I've read the book on flipping houses by j. Scott :)
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@Tony Santos @Gilbert Dominguez @Wayne V. @Frank Woodin
Tony,
Rehab cost are always difficult to estimate. We have done over 100 rehabs and me my project manager and construction manager put together what we call the "Rehab Budget Cheat Sheet"
It is not meant to give you exact cost but it is suppose to give you a guideline that you can use to help you.
If you would like one just PM me and I can send you a copy as well.