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Updated over 5 years ago,
Estimating Out of State Rehab Costs
Hi - I am a first time investor looking to invest in out of state markets. When underwriting potential deals, I’m having a hard time with estimating rehab costs. I currently don’t have any connections in the markets I’m looking at so I’m doing all my research on google. Examples of these rehab projects are repaving driveways, moving walls, adding rooms/bathrooms, painting, roof repair, etc. What techniques can I use to help refine these estimates?