40 min
#339: How to Estimate Repair Cost for your Next Rental Property Real Estate Investing with Coach Carson
-
- Investing
⭐ Join Rental Property Mastery, my coaching & learning community: http://coachcarson.com/rpm
🎙️ 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
🔗 Connect with Dawn Matze:
FREE Contractor Budget Spreadsheet: https://docs.google.com/spreadsheets/d/1BZBqwjje0vuL_wuRzouI2dPg76SLIeqJ/edit#gid=1815934690 Dawn's Book – Nailed It: https://a.co/d/70A4yo7 Instagram: https://www.instagram.com/womanbuilderdawn/ Facebook: https://www.facebook.com/dawn.matze/ Website: https://womanbuilder.com ________________________________________
⚒️ Get my FREE Real Estate Investor Toolkit:
https://www.coachcarson.com/toolkit-yt/
🖥️ My Real Estate Courses: https://courses.coachcarson.com
• 30 Days to a Better Rental Investor
• Creative Financing for Real Estate Investors
📚 My Books:
📘 The Small & Mighty Real Estate Investor:
https://www.coachcarson.com/smallandmighty
📙 Retire Early with Real Estate:
https://www.coachcarson.com/retirementbook
💰 DealMachine - Software to help you buy more real estate deals:
https://www.coachcarson.com/dealmachine-YT
✅ Subscribe for more videos about real estate investing:
https://www.youtube.com/user/CoachChadCarson?sub_confirmation=1
👋 Connect with me:
📸 https://www.instagram.com/coachchadcarson
👍 https://www.facebook.com/coachchadcarson
🐦 https://twitter.com/CoachChadCarson
🌐 For everything else: http://www.CoachCarson.com
⭐ Join Rental Property Mastery, my coaching & learning community: http://coachcarson.com/rpm
🎙️ 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
🔗 Connect with Dawn Matze:
FREE Contractor Budget Spreadsheet: https://docs.google.com/spreadsheets/d/1BZBqwjje0vuL_wuRzouI2dPg76SLIeqJ/edit#gid=1815934690 Dawn's Book – Nailed It: https://a.co/d/70A4yo7 Instagram: https://www.instagram.com/womanbuilderdawn/ Facebook: https://www.facebook.com/dawn.matze/ Website: https://womanbuilder.com ________________________________________
⚒️ Get my FREE Real Estate Investor Toolkit:
https://www.coachcarson.com/toolkit-yt/
🖥️ My Real Estate Courses: https://courses.coachcarson.com
• 30 Days to a Better Rental Investor
• Creative Financing for Real Estate Investors
📚 My Books:
📘 The Small & Mighty Real Estate Investor:
https://www.coachcarson.com/smallandmighty
📙 Retire Early with Real Estate:
https://www.coachcarson.com/retirementbook
💰 DealMachine - Software to help you buy more real estate deals:
https://www.coachcarson.com/dealmachine-YT
✅ Subscribe for more videos about real estate investing:
https://www.youtube.com/user/CoachChadCarson?sub_confirmation=1
👋 Connect with me:
📸 https://www.instagram.com/coachchadcarson
👍 https://www.facebook.com/coachchadcarson
🐦 https://twitter.com/CoachChadCarson
🌐 For everything else: http://www.CoachCarson.com
40 min