As you do this more often, you'll be able to keep a spreadsheet of per square foot prices for materials and labor to get things done and you'll be able to estimate this yourself.

Just keep thorough records of your expenses—materials, labor, permits, etc.

Rents could continue to fall, and the cost of labor rise dramatically.https://www.cnn.com/2024/11/19/economy/new-home-undocumented...

@Ori Skloot  If you are paying your employees $ 27 an hour , with withholdings , workmans comp , and the other related costs , they are costing you around  $ 38.00 to $ 42.00 an hour The true cost of your labor was closer to the $ 9000 mark . 

If you are doing the work and labor it reduces some of the risk but to me we won’t let at that high a ltv

I could not myself perform the technical labor as I lack the know how, but what I could do was help boost moral.

Not to mention the inital product costs to begin with.....and even though I had no labor install costs since I did it myself....it was still pretty costly.

I'm currently working on a tool that will help fix and flippers and BRRRR investors with managing their projects and also creating a service for investors to pre-vet and replace labor quickly.

In fact, they stated that the total amount “covers the charge of the replacement purchase and labor to install it under one price.”

For the 10 year period spanning October 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9% in that period.With inflation nearing its 2% target and signs of a slowing labor market, The Federal Reserve recently made its second cut to the federal funds rate since the start of the COVID pandemic.