Rehab Measurement & Cost Spreadsheet

[Gabriel A.]

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. 

[Robert Freeborn]

@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).