The Real Estate Experience

E141: How To Compute Repairs Needed In Property Rehab In 4 SIMPLE STEPS


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Confused as to how to come up with the correct rehab costs? It should not be that difficult and you don't have to do it on your own. Watch this video as a seasoned real estate investor shares his experience in property rehab and the best way to do it in 4 simple steps.

00:00 Introduction
00:33 Subscribe and Like
01:47 About Sterling White
02:26 Understanding your market and neighborhood
03:22 Having context on the type of renovations
04:22 Avoiding excessive upgrades
04:44 Checking the property thoroughly
05:20 Importance of having a contractor
07:11 Red flag when property checking
07:42 Determining rehab numbers
09:22 Mistake of not having a breakdown of costs
10:02 Re-running your numbers
11:01 Avoiding re-negotiating
11:51 Summary
13:51 Outroduction
13:29 Book a free strategy session with Sterling White

How To Compute Repairs Needed In Property Rehab:
1. Understand your market and neighborhood.
2. Check the property thoroughly.
3. Determine a rehab price for each category.
4. Re-run numbers.

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The Real Estate ExperienceBy Sterling White