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How to Analyze a Contractor's Bid on a Rehab Property (Real Numbers)
Part 2 of a rehab instructional series on how to flip a house start to finish.
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Ever wonder what it truly costs to rehab a house? Maybe you’ve thought about rehabbing a house, but you can’t find the money, or maybe you’ve secured a home and can’t fund the deal and need other options. This video will take you through a recent home we have under contract to rehab. We walk the home, investigate the contractor's bid and break down the exit strategies and options we have on this property.
We hope you find this video informative, conversational and thought provoking.
Chapters:
00:00 - Exterior costs
03:19 - Interior costs
07:15 - Misc. items
08:18 - Mr. Murphy
10:10 - What's next?
#RehabProperty #FixandFlip #RealEstateInvesting #Rehabwalkthrough
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