Flipping America 408, Cost of Repairs, Pt 1

Published: Sept. 15, 2020, 4 p.m.

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Ask someone how to know what it costs and the usual answer is, \\u201cget out there and fix a few properties - then you\\u2019ll know.\\u201d This is almost like saying - go lose money on a few deals and you\\u2019ll figure it out. This actually works sometimes! But you may prefer to NOT lose money. If so, you MUST know what it\\u2019s going to cost you to repair a property.\\xa0

I\\u2019m joined on the call by Pat Dornan, licensed contractor, licensed Realtor, rehab investor, and founder of FlipCalcPro. Pat has rehabbed hundreds of properties and brings a wealth of experience to the call. We will consider a number of issues including:

How to look at a house online.

How to estimate after seeing only the outside.

How to look at a house in person.\\xa0

What things cost

What to pay for labor

How to contact us

www.RogerBlankenship.com. Leave a voicemail right from the home page!

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 877-55-ROGER (76437) \\xa0 ext 1. Leave your message or your question.\\xa0

Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don\\u2019t mind.\\xa0

Sponsors

American IRA: www.americanIRA.com

The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.com

Announcements:

  • The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.\\xa0\\xa0
  • Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It\\u2019s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
  • FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities .\\xa0
  • \\u201cReal Estate Investing Quick Start\\u201d Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.

News:\\xa0

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Motivational Thoughts for the day\\xa0

Warren Buffett series

I\'ll give my children \'enough money so that they would feel they could do anything, but not so much that they could do nothing\'\\xa0

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