what is the best way to estimate a rehab price?

[Walter Thompson]

hi

I found a home in Newark that I am trying to get under contract I made a mistake of not bringing a contractor whit me (note that the seller told me it only need 2.500$ worth of work!) but it look like to me it needed a lot more work about 20.000$-30.000$

My question is does Anyone have a contractor that they would like to share or recommend one I would really appreciate it thank you.

[Brian L.]

There is no replacement for experience but there are some things you can do. As suggested above, call around and get quotes, have a contractor walk the property with you, go to the home improvement stores and see what things cost, etc. Probablty the best way to get started on estimating costs is by reading and doing. I have been reading The Book on Estimating Rehab Costs by J. Scott and I am learning a ton. The details covered by J are awesome and there are a lot of things that I would never think of as a beginner.