Michael Almand
Paying a contractor for a scope of work
I would like to become more familiar with estimating the cost of repairs and filling out a detailed scope of work. When I ask others at my local meet ups they just reply with "I've been doing it for a while" or "lots ...
Sharad M.
Any software or apps to calculate rehab?
Hello all,I was wondering if anyone is aware of any software or apps they use to calculate rehab cost or draw up a detailed scope of work that they recommend?I did some research but didn't find anything.Thanks,Sharad
Hannah Smith
Learning about construction/rehab costs
What is the best way to learn about simple rehab and construction costs? Are there online resources available? Should I ask contractors I trust to walk me through things?I would really like to learn as much as I can e...
Jordan Liles
How to Estimate Rent Cost
I am just starting out and doing research on to hopefully become more familiar with the ins and outs of rental property in my area in eastern NC. One question I did have that I find very relevant and a big determinant...
Tomer Shani
First Flip Dilemma in Philadelphia
Hello BP people I've been buying and holding in Philly for the past few years. I'm looking at my first flip deal and came across a fundamental question. The deal is: A historic home of about 3,500 sqf. needs everythin...
Pedro Oliva
70% rule for wholesaling to determine value?
I've been doing some reading and would like to clarify some things before I move ahead. I understand that you need to check out comps in order to get your ARV. But what do you do when determining the value for an ...
Rob Lee
Best approach for estimating repairs
How should repairs be estimated on a potential buy:1. Bring a general contractor with you to give an estimate before purchasing.2. Bring different contractors for each area of repair before purchasing.3. Get an inspec...
Account Closed
When to use contractor?
Hi BP members just a newbie needing a little insight....
I have heard to make many offers and not visit until one is accepted but how can I estimate costs without walking through with a contractor? We are leaning tow...
Michele G.
Complete Rehab from studs
Where do I start to determine if this deal is worth it? We have a potential property that would be a complete rehab. It has been empty for 3 years, was bank owned. Private party purchased it last year, gutted it, &...
Anthony Giancola
Building Homes On
Hi All,This is my first time using this website so hopefully this is allowed here. I'm in Ontario, and I have a client with a piece of Vacant Land located in the Niagara Region. The size of this land is around 220 ft ...