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Updated over 9 years ago on . Most recent reply

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David Gillette
  • Bolingbrook, IL
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Calculating Renovation Numbers - Chicago Area

David Gillette
  • Bolingbrook, IL
Posted

What would you recommend as the Top 3 Rehab Cost Calculators to be used in the Chicagoland and Suburban area? I'm trying a few different calculators with huge swings in the numbers. I have a manual sheet I use which calculated  about $56K in cost and then try an online version of a cost calculator and came up with $118K. I just want to always be honing my method of calculating numbers because that is the hardest, most subjective and most critical part of the deal.

Any advice would be appreciated.

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Brian Dowling
  • Investor
  • Chicago, IL
5
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Brian Dowling
  • Investor
  • Chicago, IL
Replied

Have you tried the Bigger Pockets House Flipping calculator yet?  I haven't tried it, as I've never done a major rehab yet, but I've found most info on this site to be quite helpful so it's probably worth a shot. 

Good luck!

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