Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 almost 9 years ago on . Most recent reply

User Stats

170
Posts
11
Votes
James W.
  • Jersey City, NJ
11
Votes |
170
Posts

Estimate for Paint & General Repair.

James W.
  • Jersey City, NJ
Posted

Hi gys -

I find that getting a correct and trustworthy estimate for "paint and general repair" - is much more difficult than "standard rehab" items.

Standard Items like flooring, kitchen counter-tops, cabinets & appliances, windows & doors, HVAC - can be done by major home improvement companies - so there's this great satisfaction of paying the right cost.

however with paint and general repair - contractors are quoting me anything they want - and numbers are like 200% different.

how do I determine the actual cost of "paint and general repair"?

also - is there a standard list i can go through to make sure the unit is 100% done by the time contractor leaves?

I came up with the following in "General Repair".

Further below is "Standard Repair" - that I find easier to get done from standard improvement companies.

Home Inspection - Perhaps should be done first.

- Roof & General Water Leak problem, Mould, Radon, Insulation


General Repair - To be done by local Contractors

- Painting - Trims, Ceilings, Doors & Frames, Windows
- Sheet Rock, Dry Wall, Wall damages, Door Frame damages
- Caulking in Kitchen, Bathrooms
- Plumbing - Water Leaks in walls/ ceiling, Water runs freely, cold/ hot
valves, pipes under vanities and kitchen, invisible pipes
- Stair Railings, Decks
- Electrical - Fixtures, wires, insulation
- Professional Clean up in the end


Standard Items - can be done by home improvement franchises-
New Appliances
Flooring - Wood, Carpet, Tiles
Kitchen - Countertops, Cabinets
Bathrooms - Seats, Tubs, Vanities
HVAC - Water Boiler, Air conditioning



Most Popular Reply

User Stats

98
Posts
48
Votes
Jack Edgar jr
  • Rental Property Investor
  • Chicago, IL
48
Votes |
98
Posts
Jack Edgar jr
  • Rental Property Investor
  • Chicago, IL
Replied

it's sounds like your trying to create some type of system to stream line cost estimating in a one box fits all way. First,  May I suggest you pick up a copy of J Scotts book on Estimating Rehab Costs. 2nd, there are several ways to do projects including: the right way, their way, your way, and everything in between. Experience of interviewing contractors and having them work with you to come up with a plan for project will help. Over time you will have a good reference point to start estimating costs on your own. As an alternative, perhaps find a mentor help accelerate the process. 

Loading replies...