Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 13 years ago,
David RobertsonPoster
Professional Services
Pro Member
- Flipper/Rehabber
- Kansas City, MO
- 750
- Votes |
- 734
- Posts
Do you attach a repair estimate with offer for a rehab?
I have heard folks say on several different occasions that they submit a repair cost estimate with their offer. How do you typically go about this? Do you think it helps to show the seller that you have done your due diligence?
Do you just slip it in with the rest of the paper work?
How detailed is it? Is more detail the better?
Do you show your maximum purchase price calculation on how you came up with your offer?
I have attached a picture of my template to show you what I have so far. My information pulls directly from my MPP calculator and detailed repair cost estimate on my spreadsheet.
Let me know your thoughts.
Thanks.
- David Robertson
FlipperForce