estimating construction costs in the Indianapolis area
Is anyone using cost estimating books or software to estimate construction costs on their flips?
I need it for the rehab budget to supply to the lender.
Or, are you mainly just going off of bids from contractors?
I'd also like to have a way to budget different scenarios like adding a bathroom, or finishing an attic, or adding a garage.
Thanks.
Best way is to go is getting quotes. I would be happy to help.
Eliott Elias#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Investor
- Austin, TX
- 5,507
- Votes |
- 9,861
- Posts
Go off of what your contractors say, the book is broad and there is no way it can accurately estimate the cost of material and labor in every market with one number. It's good to go off of if you want to see ballpark figures
BiggerPockets
|
Sponsored
Find an investor-friendly agent in your market TODAY Get matched with our network of trusted, local, investor friendly agents in under 2 minutes
Get a broker that either does flips / understands investments and has great connections with GC's in the area.