If you get a good lead, but you aren't good on estimating the cost to rehab the property, what is your procedure for figuring out the figure? Right now I've had my contractor quote work out. A few problems, first is t...
I am going to walk through a property on Wednesday and it got me to thinking. How is everyone out there getting a good estimate of repair costs? Does anyone have a spreadsheet, document or formula that they use?
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When you have found a potential deal and you are getting ready to make an offer, part of the calculation for that offer has to include the necessary repairs to either bring that property to its potential retail value ...
When you are analyzing a deal, how do you estimate the cost of repairs? Do you put the house under contract, bring a contractor in, and then back out of the deal if the costs of repairs are too high? How do you find a...
Hello everybody,I have read a lot of the old postings related to estimating the cost basis for depreciation of a rental property; however, I am not clear yet on how to answer the following question:In 2013 I bought a ...
Hello, I've been practicing estimating rehab projects on my own - viewing properties, pricing out repairs and updates online, etc. I am a newbie (I have yet to purchase or flip a property) so I'm not terribly confiden...
I took a note from Sean Terry's ebook that a rule of thumb for estimating repairs is the equation: sq.ft of home x $10 = general rehab cost
Has anyone ever made an offer to buy using this formula? and then ma...
Newbie here. How does one go about estimating Rehab/Repair costs? I do own my primary residence. And know some prices based on my house. However my house was move in ready when I bought a few years ago. So I do not kn...
Hi all,
First time poster here. Have a question for those knowledgable about building out a DADU in Seattle.
I would like to build out the approved 800 sq foot pre-approved Seattle DADU design and am knee deep in th...
Hi all,
Has anyone here on BP used the Construction Cost Estimator app from the iTunes App Store? If so, can you please share your thoughts on it? Thanks in advance.