Rehab Formula for potential deals

[Jesse Bruce]

Hello everyone,

I was hoping to get some guide to estimating rehab costs when looking at a potential deal. Any help would be appreciated.  Also, are there any reliable contractors in Memphis that you would recommend?

[Chris Webb]

Hi @Jesse Bruce I would look for a real estate meetup. I attend one here in Lynchburg and there are some contractors and even people who will walk a home with you and give you an estimated cost breakdown. This way, I can assess the cost based on the price per square feet and then use these calculations going forward.