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Updated over 7 years ago on . Most recent reply

User Stats

467
Posts
161
Votes
Matt Berklacy
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
161
Votes |
467
Posts

duplicatable strategy repair, time estimate, flipping, agent.GC

Matt Berklacy
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
Posted

What is a reasonable,  most successful, duplicatable strategy and procedure in getting fairly accurate baseline numbers on repair estimate and time estimate for properties to potentially flip or hold, that need repair, rehab, updating... Pre offer and post acceptance.

(regardless of using hard money or not, or investor is in town or out of town)

* Do you pay a general contractor to run over there, for an hour time frame?

* DO you offer payment to an experienced contractor, if close on deal?

* a GC or experienced agent as project manager to give estimate?, how to compensate for initial estimate.

* or do you trust an agent with flipping experience, they run over or each time being part of commissioned deal .. and if under contract, then have a contractor go over there after offer accepted?

(Having any agent take a look, or even if I went and looked beforehand , would be irrelevant to me each time, and frustrate another)..

What is best strategy to duplicate, and incentive this crucial part of getting trusted eyes and detail report of time and cost, to make an offer on... (or know to back out if accepted) .

matt

Raleigh NC, Osaka Japan..

investor

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