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How to Estimate Rehab Costs on ANY House (STEP-BY-STEP)

Real Estate Skills Podcast

Release Date: 07/02/2025

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Here's EXACTLY how to estimate rehab costs on ANY fix and flip project!

 

Unlock the secrets to accurately estimating rehab costs with expert guidance from Stan Gendlin, Pro Fix & Flipper. In this comprehensive video, Stan covers three effective ways to estimate rehab costs and highlights common mistakes investors make when budgeting for renovations.

 

🚨Check out the #1 Program for Building a Hyper-Profitable Real Estate Investing Business:

👉 https://www.realestateskills.com/ultimate-investor?el=pod

 

🔥Watch our FREE TRAINING to learn how to Wholesale, Flip, & Buy Rentals from the MLS without having to do any marketing: 

➡️https://www.realestateskills.com/watch?el=pod

 

In this video, Stan explains:

 

🔨 Estimating Rehab Costs: Different methods to calculate your rehab budget accurately.

 

💰 How Much Does a Full Rehab Cost?: Insights into what to expect when budgeting for a full renovation.

 

📋 How to Estimate Repair Costs on a Rehab: Detailed steps to ensure you cover all aspects of repair costs.

 

🚧 Avoiding Estimation Mistakes: Common pitfalls and how to avoid them to keep your project profitable and on schedule.

 

Don’t miss out on these valuable insights that can transform your real estate investment strategy.

 

✍Learn exactly how to estimate rehab costs with our step-by-step guide, here:

➡️ https://www.realestateskills.com/blog/estimating-rehab-costs?el=pod

 

TIMESTAMPS:

0:00 Introduction

0:40 Strategy 1 - General Contractors

3:31 Strategy 2 - By Square Footage

6:10 Strategy 3 - Line Item Approach

8:10 3 Common Mistakes Investors Make When Estimating Repair Costs

 

📚 DOWNLOAD OUR FREE PDF RESOURCE, "Fix & Flip Contractors," to find the right contractors for your next project:

➡️ https://www.realestateskills.com/contractor-resource-dl?el=pod

 

📚 DOWNLOAD THE RESOURCE FOR HOW TO FLIP HOUSES WITH NO MONEY HERE:

➡️ https://www.realestateskills.com/ways-to-flip-no-money?el=pod

 

📚 DOWNLOAD THE RESOURCE FOR RAISING CAPITAL FOR REAL ESTATE:

➡️ https://www.realestateskills.com/raising-capital-resource?el=pod

 

💡FREE Online Workshop: "How To Create Wealth Through Real Estate Investing"

Consistently Close Deals WITHOUT Any Experience, WITHOUT Using Your Own Money, & WITHOUT Working 40+ Hours/Week! Claim Your Spot:

➡️ SIGN UP HERE: https://www.realestateskills.com/webinar?el=pod

 

🥇Check out our Ultimate Investor Program on How To Get Started Wholesaling, Flipping & Buying Rental Properties: 

➡️ https://realestateskills.com/programs?el=pod

 

👋 Say "Hi!" on Social & Join our Community:

💻 Website - https://realestateskills.com/?el=pod

📈 Program - https://realestateskills.com/programs?el=pod

📸 Instagram - https://instagram.com/realestateskills

📱 TikTok - https://www.tiktok.com/@realestateskills

🐦 Twitter - https://twitter.com/realest8skills

👨🏽‍💻 Facebook - https://facebook.com/realestateskillsdotcom

 

👉 Find Stan Here:

💻 Website - https://vanrockre.com/

📸 Instagram - https://instagram.com/stangen9 

 

💙 SUBSCRIBE TO OUR CHANNEL & CRUSH IT AT REAL ESTATE!

➡️ https://youtube.com/c/realestateskills?sub_confirmation=1

 

#houseflipping  #flippinghouses  #RealEstateSkills

 

📝 Disclaimer:

This video is not personalized financial or legal advice for the viewer.