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Updated almost 8 years ago,

User Stats

17
Posts
8
Votes
Tyler Blackburn
  • Dallas, TX
8
Votes |
17
Posts

Estimating Rehabs when Wholesaling Distressed Houses (DFW)

Tyler Blackburn
  • Dallas, TX
Posted

Good Evening BP!

I sent out my FIRST direct mail pieces of 300 letters to pre-foreclosures about 6 days ago all around the Dallas / Fort Worth metroplex. So I am hoping that my phone will be blowing up over the next couple days with people needing to sell me their houses (hahaha!). That being said, since I am a new real estate investor and have zero experience estimating rehab costs, do you think it would be best to get a general contractor or experienced rehabber to walk the property with me when I get to the point of visiting it?

Furthermore, do you have any advice on how to find an ethical GC that would do that and walk me through how the estimate is done?

Thanks in advance!

Tyler

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