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Is there a way to use Quickbooks to estimate and budget a rehab that will be flipped? Lets say for example we buy a home for 100k and want to budget 20k in repairs. Is there a way to put the budget in QB and update th...
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Hi All, I'm looking at a 140 years old property, 4 unit, 4800 sqft. And I'm wondering what should I estimate as a rehab costs if I needed to do everything - electrical, heating system, drywall, resurfacing floors ....
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Hello everyone, Im new to bigger pockets and was just wondering how everyone gets an idea of rehab costs of a property before you put it under contract? Any information would be much appreciated!
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What are the best ways YOU determine the rehab costs of a investment property!
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Getting GCs or subs to a project once under contract is of course the best way to get accurate bids. But how about when we are running the numbers for potential deals before we make an offer?
I have no idea how much ...
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Just starting out in real estate. Looking at potential properties for flips. I've spent most of my career in the construction field as a construction electrician. The price of building materials in the last year has i...
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Now that interest rates have spiked, home prices are dropping, uncertainty abounds and I am assuming flip profits are decreasing, does it mean lower rehab costs? Does "houses are no longer flying off shelves like hot...
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Hi all - I'm hoping this may be a simple question ....I have a rental property I've owned for 10+ years. I recently spent $12k to rehab it and then sold it. I am selling it as the relinquished property in a 1031 exch...
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I'm currently reading "The Book on Estimating Rehab Costs" by Mr. J Scott in order to learn more about the topic so I can be more efficient at analyzing potential deals. I have experience in construction and remodelin...
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When doing research on a property, how to you estimate the rehab costs? Do you use your experience when estimating, walk through the property with a “check list”, just have a trusted GC give you an estimate