South Texas: Estimating Rehab Multipliers from actuals

[Corbett Brasington]

For those of you who have completed flips, using your actuals costs against what your originally estimated, what ball park sqft multiplers have worked for you?

Low, med, high, $$ multipler ?

[Mark Buskuhl]

$25/ft and $5k/each major (roof, plumbing, elec, foundation, HVAC) is a ballpark that works but you have to adjust up or down for ARV and finish and whether you GC or hire a GC. Just did one at roughly $35/ft and $5k/major and another one now is coming out to $15/ft and $5k/major. Two completely different rehab projects.