Estimating rehab costs for BRRRR in San Antonio

[Isabella Johnstun]

Hi Everyone,

I'm a first time homebuyer looking to do a BRRRR in San Antonio but am struggling to estimate rehab costs. Does anyone have a framework they use to calculate rehab costs?

Thanks for your consideration,

Isa

[Jeremy Medina]

I was always hopeful to find a simple framework or calculator to do this exact thing. I soon realized that the best way is to just get multiple estimates. Find a few GC's local to the market you're interested in. Ideally, and if you are comfortable with it, find and vet local subcontractors yourself to get bids. After you do this a few times, you really start to get general ideas of how much certain projects will cost. If you need plumbing estimates in SA, we are a small family/Verteran-owned/operated plumbing business. We do everything, gut-job remodels, new construction, and lots of service repairs for property management companies.