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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 6 years ago on . Most recent reply

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21
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Maximo Jacobo
  • New York, NY
8
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21
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Steps after offer is accepted

Maximo Jacobo
  • New York, NY
Posted

Hello folks,

I am in the learning process of real estate investing and I have taken an interest in learning the BRRR strategy in full, to use as my main strategy . My question is, what steps do you take after a BRRR offer has been accepted?

Considering that even after I read j Scott’s book on estimating rehab cost and other books on the subject, I still have a hard time estimating rehab cost, so I would be paying contractors to walk through my properties to give me itemized bids

* Should I set up the inspection before I send contractors to give me bids ?

* Do I ask the contractors to give me itemize bids or wait until they walk through the property, then ask them to give me an itemize bid ?

* And When do I get in contact with a title company?

Thank you in advance for any help or advise

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