How much does it really cost to flip a house? In this new second edition, get all the updated costs, upgrade details, and associated values when it comes to estimating your next renovation!
Determine how to accurately estimate all the costs you are likely to face during renovation—and get all of your rehab questions answered in a single place! In The Book on Estimating Rehab Costs, expert real estate investor and fix-and-flipper J Scott reveals the tried-and-tested steps of his professional framework and his methodology for precisely evaluating renovation costs from hundreds of his own successful rehab projects. Learn every detailed tip, trick, and tactic you need to accurately budget any house flipping project or investment property renovation.
You don’t need to be a contractor to flip houses, but you do need to know the fundamentals of budgeting and pricing your renovation—including everything from cosmetic renovations to complex installations and upgrades. Whether you are preparing to walk through your very first rehab project or you’re an experienced home flipper, this handbook will be your guide to identifying renovation projects, creating a scope of work, and staying on budget to ensure a timely profit!
Inside, you will learn how to:
Содержание
SECTION 1: INTRODUCTION
How To Use This Book
Factors That Impact Rehab Costs
Methods of Estimation
SECTION 2: THE FRAMEWORK
The 25 Renovation Components
Format of Discussion
A Word About Cost Estimates
SECTION 3: THE COMPONENTS
Component #1: Roof
Component #2: Gutters/Soffit/Fascia
Component #3: Siding
Component #4: Exterior Painting
Component #5: Decks/Porches
Component #6: Concrete
Component #7: Garage
Component #8: Landscaping
Component #9: Septic System
Component #10: Foundation
Component #11: Demo
Component #12: Plumbing
Component #13: Electrical
Component #14: HVAC
Component #15: Framing
Component #16: Insulation
Component #17: Sheetrock
Component #18: Carpentry (Doors, Window, Trim)
Component #19: Interior Painting
Component #20: Cabinets/Countertops
Component #21: Flooring
Component #22: Permits
Component #23: Mold
Component #24: Termites
Component #25: Miscellaneous
SECTION 4: PUT IT ALL TOGETHER
Об авторе
J Scott spent much of his early career in Silicon Valley, where he held management positions at several Fortune 500 companies, including Microsoft and e Bay. In 2008, J and his wife Carol decided to quit their corporate jobs, move back East, start a family, and focus on real estate investing. In the past ten years, they have bought, built, rehabbed, sold, lent-on and held over $60M in property all around the country. J is also the co-host of The Bigger Pockets Business Podcast and the author of four books on real estate investing, which have sold over 200, 000 copies and have helped investors from around the world get started with real estate. J and his family currently live in Sarasota, FL.
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