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Updated over 6 years ago,
Estimating Rehab Costs for Quick Screening BRRRR Deals
Good Afternoon Investors,
When quick screening potential BRRRR deals, many variables can be found online such as after repair value, market rent and property taxes. The rehab cost is more elusive. Is there a way to quickly estimate rehab costs without having to visit potentially hundreds of properties? I am wondering how seasoned investors obtain the rehab cost number in an efficient way so they can quick screen, and either dig deeper or move on to the next potential deal. Is there a rehab rule of thumb to use when quick screening BRRRR deals?
Steve