🛠Renovation Costs | Real Estate Investing 2023

youtu.be

The speaker suggests that it is rare for anyone to accurately estimate the cost of repairs, and they have never been right on the rehab cost. However, they usually come close, being only five to ten percent over or occasionally a few percent under. The speaker advises keeping a close eye on rehab costs as they can quickly spiral out of control. They recommend monitoring the contractor's time, material costs, and tracking the project's progress continually.

The speaker suggests that it is rare for anyone to accurately estimate the cost of repairs, and they