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Rehabbing & House Flipping

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John Sherron
  • Houston, TX
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87
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Doing Due Diligence During Deal Discovery

John Sherron
  • Houston, TX
Posted Jul 1 2015, 19:25

Hey BPer's! Quick rookie question! When evaluating a property for the first time to figure the approximate rehab cost, should I, 

A: Find and pay a contractor (which I don't have yet) to walk thru with me or 

B: Should I just try and figure it out myself? 

Don't get me wrong I have a little knowledge on (guesstimating) but this being my first flip I want to get the best and closest estimate I can. 

If I should bring a contractor, how much should I offer to pay him/her?

Any advice would be helpful! Thanks, y'all!!!

John S. (The HoustoNvestor)

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