Estimating Repair Costs for Rehabbing/Wholesaling
2 Replies
Bruce Thomsen
Rental Property Investor from Fairfield, CT
posted over 1 year ago
I have some real estate experience but I don't have any construction experience due to that and the current market I'm looking to get into wholesaling properties in CT.
I'm wondering how I should calculate and break down the estimated repair costs and materials?
Does anyone suggest any software?
Should we start finding contractors to work with?
Any advice or guidance would be greatly appreciated. Thank you!
Jim Goebel
Real Estate Investor from Des Moines, IA
replied over 1 year ago
There's no substitute for getting into the work yourself.
Do you have a kitchen or bathroom at your house you can personally remodel?
Bruce Thomsen
Rental Property Investor from Fairfield, CT
replied over 1 year ago
Hi @Jim Goebel -
Thanks for the reply. I don’t at this time but that’s a great thought. I’m going to at least price it out and to get a better idea of costs. Thanks!