The Book on Estimating Rehab Costs: The Investor's Guide to Defining Your Renovation Plan, Building Your Budget, and Knowing Exactly How Much It All C
ISBN: 1947200127
EAN13: 9781947200128
Language: English
Release Date: Jan 17, 2019
Pages: 195
Dimensions: 1" H x 9" L x 6" W
Weight: 1.11 lbs.
Format: Paperback
Publisher:

The Book on Estimating Rehab Costs: The Investor's Guide to Defining Your Renovation Plan, Building Your Budget, and Knowing Exactly How Much It All C

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  • New $24.99 The Book on Estimating Rehab Costs: The Investor's Guide to Defining Your Renovation Plan, Building Your Budget, and Knowing Exactly How Much It All C
Book Overview

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:

  • Inspect every aspect of a property to create your Read More chevron_right
  • Frequently Asked Questions About The Book on Estimating Rehab Costs: The Investor's Guide to Defining Your Renovation Plan, Building Your Budget, and Knowing Exactly How Much It All C

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    Book Reviews (12)

    4
      |   12  reviews
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    5
       Great information!
    There are people trying to sell copies of these books for thousands of dollars. If you don't mind, try this: start a new job.
     
    5
       really impressive
    Thanks for the tip. I'm very hard to impress and this book did that. Anyone serious about rehabbing or even just owning a home should read this.
     
    5
       Excellent overview
    I just bought a new house and using this book gave me a great overview of what to expect and do, said Darl McBride. Thanks for visiting!
     
    5
       Amazing repairs baseline!
    Great baseline to define repairs, said James Pitke, director of NASA's Ames Research Center in California. Cover all repairs, inspections and costs of the house. Easy to understand, Mr. Dhaliwal said.
     
    4
       Detailed book with costs and step by step approach.
    I didn't give it a five-star rating because it can be very tedious to read. If you use it as a reference book, it may be necessary to re-create the chapter.
     
    1
       Missing pages
    The first page of the book is titled, "The Autobiography of Charles Taylor." I'm not seeing pages. Not happy with the purchase.
     
    3
       Average book with misleading title
    Before we get into the numbers, we want to give a general outline of how to calculate rehab costs. Contractors can list different jobs as line items, so you can define a scope of work for your contractor. The part that I find most bogus is that the writer quotes extensively from the book, including this claim that it "cost exactly how much it takes to build a house." The first chapter of the book reveals that prices are location-based and that spreads by product are -15% to +25%. However, that doesn't sound like a precise calculation. He also said he didn't believe in not paying taxes. That's a lot of trouble, and I get in trouble. Still, I'm not sure why the author would have mentioned looking for somebody who wants to make money on the side. Overall a solid book and easy to understand, even for the average reader. But, like all good music, it has its ups and downs. If you think you can get a number for your rehab, don't buy this book. You won't be able to see the ball.
     
    5
       Simple and practical tips for ALL real estate investors!
    This is a great read for someone new or relatively new to real estate to understand the fundamentals of renovations as most homes require some form of repair. Once I receive an inspection report, I find this helpful because I'm able to estimate repair costs and budget appropriately. This book is generally for those investors who are looking to buy and flip, however there are many useful tips for investors of all types as well.
     
    3
       Still a good read to understand things that you might not think ...
    My expectations were set too high, as the book wound up having a lot of caveats, Sosa said. Everything is location-based, so the estimates don't really mean much when it comes to power shortages.
     
    2
       A good book overall if you are new to rehabbing
    Overall, I would say this book is a good introduction to rehabbing. There are many sloppy typos that come with the job, and you begin to question the credibility of the author. Even one or two typos are bad but when you start to see them every other page it becomes annoying. This is not difficult to fix, Sophos said.
     
    12