Determining Rehab Costs In Investing: Sweet Science Or Negotiation Tool (Mindset)

Greetings Deal Hunters! Today, we're talking about one of the touchiest aspects of real estate investing - calculating rehab costs. The idea of going into a property and determining how much it will cost to renovate it to current market standards can seem daunting for new investors, especially those without any background in construction or home appraisals. The success of a deal can be derailed by a number of factors, but misjudging rehab costs or encountering unexpected issues during the rehab are two that consistently rear their heads in the world of investing. No investor wants to be known as someone whose numbers can't be trusted, but how are new investors supposed to make up for their lack of expertise and experience in determining renovation costs? Well I don't want to spoil all the fun in the description, so you'll just have to listen and take notes during the episode as Donny breaks down the mindset and methodology behind calculating rehab costs.

Mentioned in today's episode:
Propstream

Here's a link to the article Donny discussed in today's episode:
Real Estate Investors Skip Paying Loans While Raising Billions

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