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Updated over 2 years ago, 07/14/2022

User Stats

2
Posts
2
Votes
Brandon Rowe
  • Philadelphia
2
Votes |
2
Posts

Estimating Rehab Cost

Brandon Rowe
  • Philadelphia
Posted

I'm a new investor any I'm looking into learning how to estimate rehab cost. Is there rule of thumb in Philly for rehab cost? $30 per square foot for normal rehab? $50 per square foot for complete rehab? I plan on networking with some investors and asking them how much where their rehab cost and compare but for my first deal, i'm having trouble getting a estimate cost?  Here is a link of the property I was trying to practice with. I came up with $150K rehab but I feel like thats  to high for a complete rehab https://www.zillow.com/homedet...

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