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#339: How to Estimate Repair Cost for your Next Rental Property
Episode 339

#339: How to Estimate Repair Cost for your Next Rental Property

Real Estate Investing with Coach Carson

April 15, 202440m 32s

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Show Notes

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom:

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🎙️ Episode #339 – From "soft costs" to contingency funds, Dawn reveals insider tips for accurate budgeting by the item, ensuring your BRRRR renovation projects stay profitable and completed on time.

📄 Show Notes:

https://www.coachcarson.com/estimaterepaircosts/

▶️ Next Video: How to Analyze a Single Family House Rental Property

https://youtu.be/yocGE4XABTI?si=UEfmSK8hdjAiZibt

🎬 Timestamps:

00:00 - Estimating Renovation Costs

01:15 - Budget During Execution Phase

04:22 - Levels of Renovations

05:36 - Soft Costs vs. Hard Costs

07:26 - Estimating Repair Costs Per Square Foot

10:39 - Contractor Budget Spreadsheet

16:09 - How to Decide Scope of Work

18:54 - Contingency Budget

23:36 - Meeting Market Expectations

26:17 - Start with the End in Mind

28:13 - Having Confidence in your Budget

32:47 - Durability vs. Beauty

37:03 - Skills from an Expert

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