Estimating rehab and rehab cost
Hey guys,
What are some great resources to teach a young person who's never had construction experience how to properly estimate rehab cost?
How do I know what needs upgraded or repaired?
How do I calculate material cost? How do I figure out what materials are necessary for any given rehab?
How do I figure out the cost of labor?
I understand this is a broad topic but any resources would be appreciated. Every rental property I own so far has not needed repairs but I'm wanting to get into some tougher rehab properties.
Most Popular Reply
@Wilson Lee I haven't read it myself yet but I always hear great things about J Scott's book. The book on estimating rehab costs. He also has a book on flipping houses as well , both have excellent reviews on Amazon.
https://www.biggerpockets.com/store/flipping-estimating-physical