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Updated 13 days ago on . Most recent reply

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Ali Kalaei#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • New to Real Estate
  • Houston
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23
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Would you trust a rehab estimate tool before a contractor walks the property?

Ali Kalaei#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • New to Real Estate
  • Houston
Posted

I’m curious where investors draw the line with real estate tech for rehab estimates. If a tool read an inspection report or property notes and showed: repairs grouped by trade, low/mid/high cost ranges, assumptions vs. report-backed items, etc.

Would that be useful for first-pass underwriting?

Not final budgeting, obviously. I mean the earlier decision: make an offer, renegotiate, or walk. Would seeing uncertainty and assumptions make the tool more trustworthy, or would you still ignore it until a contractor physically walks the property?

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