The Book on Estimating Rehab Costs

  • 5-chapter bonus ebook by J Scott
    What Every Real Estate Investor Needs to Know About Economic Cycles
  • All the paperwork you need to flip houses
    10 documents—including estimation templates, sample independent contractor agreements, and more!
  • Inspection checklist worksheet
    A 10-page inspection checklist worksheet you can start using on flips today
  • How to Flip Houses Using Other People's Money
    A video interview between J Scott and Brandon Turner
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How much does it really cost to flip a house? In this new second edition, get all the updated costs, upgrade details, and associated values when it comes to estimating your next renovation!

Determine how to accurately estimate all the costs you are likely to face during renovation—and get all of your rehab questions answered in a single place! In The Book on Estimating Rehab Costs, expert real estate investor and fix-and-flipper J Scott reveals the tried-and-tested steps of his professional framework and his methodology for precisely evaluating renovation costs from hundreds of his own successful rehab projects. Learn every detailed tip, trick, and tactic you need to accurately budget any house flipping project or investment property renovation.

You don't need to be a contractor to flip houses, but you do need to know the fundamentals of budgeting and pricing your renovation—including everything from cosmetic renovations to complex installations and upgrades. Whether you are preparing to walk through your very first rehab project or you’re an experienced home flipper, this handbook will be your guide to identifying renovation projects, creating a scope of work, and staying on budget to ensure a timely profit!

  • Inspect every aspect of a property to create your renovation scope
  • Decide which upgrade options provide the biggest bang for your buck
  • Identify the 150+ most common renovations you'll likely encounter
  • Recognize big problems (like mold and termites!) and quickly fix them
  • Assign accurate prices to every rehab task to build a detailed budget
  • Determine which contractors are best for certain repairs or projects
  • Break down the top 25 basic components of a renovation
  • And so much more!
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  • We're confident in the quality of our books. If you're not satisfied with your purchase, you can return your book for a full refund within 30 days.
  • For returns, refunds, or the status of your order, you can contact [email protected]

Customer Rating and Reviews

Customer Reviews

Based on 12 reviews
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B
Blake Schreckhise
More useful than expected

I really was getting caught up trying to estimate rehab costs so I bought this book to get me over the hump. I honestly expected it to be pretty vague advice, because how could you cover such a broad topic with such price variation with any specificity. I was pleasantly surprised though, it was very particular on what repairs you should be looking for and even gave price ranges for what those things could cost. To be honest my market I think started out more expensive than those numbers being in Alaska material costs are always high. Adding to that the inflation we have seen in prices over the past few years. I wouldn’t expect to use the numbers he has listed, however he gives actionable steps on how to get the correct numbers for your market. Gave me a lot of confidence in the process and I’m currently working on my own cheat sheet of costs.

C
Chris Morris
high level overview of building components, how to inspect them, typical fixes and associated costs

Good high level overview of how to inspect the difference components of a building, the typical types of fixes that need to be made, how much those fixes might cost, how to pay for them, who to hire to perform the fixes, and how important the fixes are.

T
Teresa Carosella
Great info

Helpful to a new investor

P
Paige Severson
Unlocking Genius

You don’t know what you don’t know — until you know. This book is a phenomenal, easy to read guide that offers everything you would need to know about measuring the scope of work for your future projects. 10/10 recommend for anyone getting into or fine tuning their rehab skills💯

K
Kamuela Haasenritter
Awesome

Awesome!

About the Author

J Scott spent much of his early career in Silicon Valley, where he held management positions at several Fortune 500 companies, including Microsoft and eBay. In 2008, J and his wife Carol decided to quit their corporate jobs, move back East, start a family, and focus on real estate investing. In the past ten years, they have bought, built, rehabbed, sold, lent-on and held over $60M in property all around the country. J is also the co-host of The BiggerPockets Business Podcast and the author of four books on real estate investing, which have sold more than 300,000 copies combined and have helped investors from around the world get started with real estate.