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