• Kindle
• 218pages
• The Book on Estimating Rehab Costs: The Investor's Guide to Defining Your Renovation Plan, Building Your Budget, and Knowing Exactly How Much It All Costs (BiggerPockets Presents...)
• Mr. J Scott
• English
• 14 November 2020
• 0988973715

Mr. J Scott ☆ 2 Free download

Read & download ´ The Book on Estimating Rehab Costs: The Investor's Guide to Defining Your Renovation Plan, Building Your Budget, and Knowing Exactly How Much It All Costs (BiggerPockets Presents...) 102 Mr. J Scott ☆ 2 Free download Characters The Book on Estimating Rehab Costs: The Investor's Guide to Defining Your Renovation Plan, Building Your Budget, and Knowing Exactly How Much It All Costs (BiggerPockets Presents...) Scope of a rehab project and estimating the cost of completing that renovation This is the methodology that the author has used to over the years to complete hundreds of rehabs both for himself and for other investors From cosmetic renovations to mechanical installations and upgrades to complex renovation components such as mold termites and foundation issues you’ll learn how to break down your renovation into its major and minor components learn the most common tasks associated with those renovation components and learn how to accurately price each of the renovation tasks Table of Contents Chapter Level How To Use This Book Factors That Impact Rehab Costs Methods of Estimation The 25 A good book overall if you are new to rehabbing Problem is there are many sloppy errors and typos which is a shame because you begin to uestion the credibility of the author Even one or two typos are bad but when you start to see them every other page it gets annoying when you spend over 20 for a book This is not a high school book report It s not difficult to fix these errors Очаг на башне methodology that the author has used to over the years to complete hundreds of rehabs both for himself and for other investors From cosmetic renovations to Druids A History mechanical installations and upgrades to complex renovation components such as The Mechanics' Institute Review: Issue 5 mold termites and foundation issues you’ll learn how to break down your renovation into its White Nights major and Sammy Keyes and the Cold Hard Cash Sammy Keyes minor components learn the The Weight of Ink most common tasks associated with those renovation components and learn how to accurately price each of the renovation tasks Table of Contents Chapter Level How To Use This Book Factors That Impact Rehab Costs Methods of Estimation The 25 A good book overall if you are new to rehabbing Problem is there are The Unicorn in the Barn many sloppy errors and typos which is a shame because you begin to uestion the credibility of the author Even one or two typos are bad but when you start to see them every other page it gets annoying when you spend over 20 for a book This is not a high school book report It s not difficult to fix these errors

Read & download ´ The Book on Estimating Rehab Costs: The Investor's Guide to Defining Your Renovation Plan, Building Your Budget, and Knowing Exactly How Much It All Costs (BiggerPockets Presents...) 102 Mr. J Scott ☆ 2 Free download Characters The Book on Estimating Rehab Costs: The Investor's Guide to Defining Your Renovation Plan, Building Your Budget, and Knowing Exactly How Much It All Costs (BiggerPockets Presents...) Renovation Components Format of Discussion A Word About Cost Estimates Component #1 Roof Component #2 GuttersSoffitFascia Component #3 Siding Component #4 Exterior Painting Component #5 DecksPorches Component #6 Concrete Component #7 Garage Component #8 Landscaping Component #9 Septic System Component #10 Foundation Component #11 Demo Component #12 Plumbing Component #13 Electrical Component #14 HVAC Component #15 Framing Component #16 Insulation Component #17 Sheetrock Component #18 Carpentry Doors Window Trim Component #19 Interior Painting Component #20 CabinetsCountertops Component #21 Flooring Component #22 Permits Component #23 Mold Component #24 Termites Component #25 Miscellaneou This book condenses years of experience into one clear and concise guide preventing every rehab newbie from making years of costly mistakesFor each component of 25 different types of work on a house the author details the nature of the work and the statement of work line items that each type generates Then he breaks out a discussion of Cost Guidelines Determining Your Local Prices and How To Pay for the Job For an example of the intense level of detail given in the gutters soffit fascia category he breaks out estimates for cleaning gutters replacing gutters and replacing soffit or fascia giving his reader costs per linear foot estimates for each type of gutter or soffit material aluminum steel vinyl plastic and copperzinc as appropriate For cleaning gutters he tells us the costs will depend on linear feet of gutters the height and steepness of the roof and whether downspouts need to be detached to be cleaned If we know generally these three things we should be able to get accurate local head to head price bids He goes on to warn NOT to use uninsured gutter cleaners because it can be a dangerous job and that we are most likely to get the best pricing bundled with the roofing or siding contractors if we are doing that kind of work on the house He also comments that since this is a one day job as opposed to one justifying a draw or a materials upfront payment the contractor should be paid only once the job is completed To a person experienced in housing construction this all may be old hat but to a person new to home rehab it is extremely valuableThis book pulls every aspect of repair cost estimation into manageable chunks so that none is overlooked or unaddressed in a detailed scope of work or budget It addresses a very complex topic in the most thorough detailed and practical manner possible Alerts to local costs eg union labor in NYNJ building code variability by climateweather circumstances and seasonality are all over the place This is a great book highly recommended

Characters The Book on Estimating Rehab Costs: The Investor's Guide to Defining Your Renovation Plan, Building Your Budget, and Knowing Exactly How Much It All Costs (BiggerPockets Presents...)

Read & download ´ The Book on Estimating Rehab Costs: The Investor's Guide to Defining Your Renovation Plan, Building Your Budget, and Knowing Exactly How Much It All Costs (BiggerPockets Presents...) 102 Mr. J Scott ☆ 2 Free download Characters The Book on Estimating Rehab Costs: The Investor's Guide to Defining Your Renovation Plan, Building Your Budget, and Knowing Exactly How Much It All Costs (BiggerPockets Presents...) Are you a real estate investor still trying to figure out the complex process of creating a renovation plan and estimating rehab costs for your projects The Book on Estimating Rehab Costs is written by active real estate fix and flipper J Scott author of the popular real estate website 123Flipcom and is published by BiggerPockets Publishing the publishing arm of the premier real estate investing website BiggerPocketscom This 200 page book provides a step by step methodology for learning how to create a Scope of Work SOW and how to estimate rehab costs on your renovation projects Whether you’re a rehabber a wholesaler or a landlord this book will teach you the process of evaluating the One of the overwhelming parts of house flipping for a relative rookie is finding a property and you are under the gun to come up with a cost to rehab it that ultimately leads to your offer to the seller That can be the moment of truth the make or break for the whole deal Everyone is looking for the magic bean on how to uickly estimate rehab costs especially for short sales and foreclosures where time can be critical This book unfortunately is kind of sold as that magic bean in my opinion and it will get you no closer to the beanstalk unfortunately It surprises me how highly regarded and recommended this book is on a variety of websites I found it to be frustrating and vague at best I am glad I didn t pay much for it as I literally leafed through it like a brochureFirst if you are a contractor which I am part time or someone who has dabbled in rehab work on a few houses and has a little experience which I also have the useful content in this book could be about 20 pages long The author spends the first few pages of the book talking about making a plan for rehab which includes a SOW scope of work This got me excited picturing walking around with a clipboard really getting down and dirty about what needs to be fixed and to what extent making uick rule of thumb estimates The problem is he never really discusses exactly how to make the plan just that you should have one Duh The other frustration for anyone with handy know how is that the majority 100 pages of the book describes sometimes in inaccurate gory detail each component or job you might encounter For example the author claims that the most popular gutters for houses are aluminum when it is actually seamless steel He also repeatedly uses terms like linear feet for measurements when it is actually lineal The other major frustration here is that for the really big stuff that can derail a rehab project like concrete and foundation issues he repeats a phrase several times and in several different contexts that there is simply not enough room in this book to spend time talking about it I was thinking if you spent less time explaining ad nauseam what things like vinyl siding and asphalt shingles are you would have enough room to talk about the really important stuff that could turn a deal south in a hurryThis book is much better suited for non contractor not so handy folks looking to get into real estate investing by doing rehabs Here s the problem while these individuals may find the material and job descriptions I found boring and useless to be very helpful that is only one part of the euation Why people really buy this book is to determine rehab costs and the book falls short in this category as well For example for almost every rehab item the author provides a range of pricing that s something like 500 2000 That is simply not helpful because there is no context applied to the range Anyone could do this How much money would you like to make next year Oh between 1 million and 1 billion Seriously Only a moron doesn t know that labor and materials are going to cost way in Los Angeles for example than in Laramie Wyoming With this author s alleged experience a pricing index in the form of a map of the US divided up into zones or regions would have been much helpful Provide the reader with an average cost and then let them use the index to determine markup or markdown for their area An updated index is something the author could charge for on a website and earn additional revenue Sadly this would reuire actual work and research on the author s part which is what many of these books lackFinally when I read Luke Weber s excellent book The Flipping Blueprint recommended he gets into detail on what to fixrehab and why based on comps price range neighborhood etc For example when you walk into an older home and determine that none of the electrical is grounded when do you choose to rewire the house Obviously code plays a role but the rate of diminishing returns does too When do you go with granite vs laminate countertops I imagined from the hype and description of this book that it would be the holy grail for that type of information taking Weber s discussions to the next level There is virtually none of that hereSome people might find this book helpful if they have little to no experience with materials and labor For the rest I would save your money