Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

42
Posts
9
Votes
Sarah Cox
  • Investor
  • Chicago , IL
9
Votes |
42
Posts

Rehab Estimates - live overseas & no local contractors!

Sarah Cox
  • Investor
  • Chicago , IL
Posted

So I have been analyzing some properties for potential fix & flip.  I am very new to this, and I'm getting stuck on trying to estimate the rehab costs.

I live in Australia (investing in Chicago area), so it's not possible to visit the properties myself.  I have tried reaching out to many general contractors in the area, and every one has told me they are too busy for any extra work right now.  My agents have tried the same and haven't been able to find anyone.

I don't feel confident to come up with a good estimate just using photos & property description. 

I'd love for someone to go to the property and at least give me a run down of what needs to be done.... but not sure who to ask or how to find someone willing to walk through the property on my behalf... 

Any suggestions?  Thanks! :)

PS: I will be wholesaling the properties, not fixing them myself ;)

Most Popular Reply

User Stats

180
Posts
123
Votes
Robert Leach
  • Contractor
  • Romeoville, IL
123
Votes |
180
Posts
Robert Leach
  • Contractor
  • Romeoville, IL
Replied

I think you will be hard pressed to get a qualified contractor to walk your properties on the hope that they might actually get to bid on it down the road IF you are able to put together a deal. There is really no incentive without a pre-established relationship or referral in place.

Loading replies...