Rehab Measurement & Cost Spreadsheet

5 Replies

I’ve been looking for a spreadsheet to track all tasks during a rehab, the method of measurement and the price of labor. So for example one line item under flooring could be: laminate flooring ~$3 per sqft, labor is $$ per hour. 

Of course the pricings will need to be determined by local contractors. This will allow me to learn about how certain tasks are billed, how to negotiate with contractors and allow me to better budget for rehabs.

Not sure if anyone has listened to the Podcast Episode 338 with James Dainard but he mentioned he’s doing this with his team out in Washington State. I posted a similar question in another forum a few weeks back but got no replies. 

BiggerPockets sells two books (The Book on Flipping Houses and The Book on Estimating Rehab Costs) -- if you purchase those from this site, you get a bunch of spreadsheets that go along with the books, including a details rehab estimation template.
http://www.biggerpockets.com/f...

@J Scott

The books are useful, but when you still have to convert them to useable spreadsheets on your computer. But J’s right, the examples are out there.

I’ve been an investor for over a year now and I’m on my 5th deal. I just reread the book on estimating rehab costs and still found it useful.

I’d recommend gettin them and then making your spreadsheet using his worse case numbers (as a starting point).

Originally posted by @Robert Freeborn :
The books are useful, but when you still have to convert them to useable spreadsheets on your computer. But J’s right, the examples are out there.

Hey Robert!  If you purchase the books off BiggerPockets, they come with the spreadsheets in digital format...

If you purchased on Amazon and didn't get the spreadsheets, shoot me a PM or email (address in sig) and I'm happy to send them to you!

@J Scott

Thanks J. I bought several books from BP but could never get them to properly upload on my kindle app (which I read everything on). So I ended up developing my own spreadsheet. But I’m always trying to make it better.

I’ll definitely send you a pm though. Thanks!

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