Rehab budgets seem to be climbing in many markets.I’m wondering how other investors are adjusting:Are you updating your numbers?

What's relevant is him hitting the contractual budget, with little exception. 

Hi all — My wife Ashley and I are exploring purchasing a turnkey, already-operating short-term rental (Airbnb/VRBO) before year-end.Target budget: <=$300,000Preferred markets: Tyler, TX or Little Rock AreaMust-have criteria:• At least 12 months historic payout data (Airbnb/VRBO)• Furnishings included or negotiable (already in operation)• STR legal / permitted (HOA or city OK)• Good guest-review profile (4.7+), low guest-drama neighborhood (we’d stay there ourselves)• Timeline: Clean close, turnkey transition, quick start.We’re not just dreaming — we’re ready to move quickly if the right property shows up.

Seeing active flips firsthand is one of the best ways to learn what to look for and how to budget.

I’m in the early stages of my real estate journey and joined Bigger Pockets to connect with other investors, learn from people with more experience, and surround myself with individuals who are actively growing in this space.My background is in renovations, and I run Precise Home Renovations LLC, which has given me a strong understanding of construction, materials, budgeting, and project management.

I'm looking for a bookkeeper that can use QBO, integrate Appfolio, manage distributions, capex, etc.You are looking for real estate experience that is like a Controller but the Temu budget, it's not going to be good.

Be ready with documentationAny lender will want:• your scope of work• before/after photos• receipts for work already done• remaining budget• exit planThe cleaner your package, the faster someone will step in.

So if contingencies are due in 10 days, then have escrow be 40.Something you may want to budget for is as soon as you close, the second unit may give you notice that they are leaving.

Assuming you’re looking for an investment property, you’ll probably be targeting something around $250k or less with $50k down (and remember you’ll have 3–4% in settlement costs on top of that).With that budget you’ll want to focus on the true tertiary markets — Lakeland and Ocala are usually where my clients still find duplexes that cashflow after insurance and expenses. 

We buy based on current condition, realistic rent, and a rehab budget that prioritizes durability over aesthetics.