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Updated almost 11 years ago on . Most recent reply

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Shaun Caldwell
  • Investor
  • Charlotte, NC
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Wholesalers, what's your process for creating a renovation plan and estimating rehab costs for your projects?

Shaun Caldwell
  • Investor
  • Charlotte, NC
Posted

Wholesalers, what's your process for creating a renovation plan and estimating rehab costs for your projects?

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Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
2,426
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Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
Replied

@Shaun Caldwell Our contractor who has done over 250 flips and also happens to be an engineer has a formula where he can walk through a property and have a rough estimate within 15 minutes. As a wholesaler your bid is strictly for estimation and need not be exact. I wouldn't mind sharing that sheet with you as well as how to properly use it. Your contractor would get worn out with you in a hurry if you constantly have him walking through properties that he's not getting paid to work on.  

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