Tag: Materials and Labor
How to Estimate Real Estate Rehab Costs
Estimating Real Estate Rehab Costs One of the most critical skills any real estate investor should possess is the capacity to accurately estimate rehab costs. Whether you’re investing in fix and flip properties or wholesaleing wholesale deals, having this insight will enable you to determine whether a property is worth investing in or if it will likely prove a waste of time. Identifying the Most Common Rehab Expenses One of the first steps in estimating repair costs is scheduling an extensive property inspection. This will help identify specific items that need repairing or replacing, plus it’s wise to consult with experienced contractors and…