• How to Estimate Repair Costs on a Rehab

  • A Simple System for Successful Repair Estimates as a Real Estate Investor
  • By: Jeff Leighton
  • Narrated by: Ron Welch
  • Length: 1 hr and 11 mins
  • Unabridged Audiobook
  • Categories: Money & Finance, Real Estate
  • 4.3 out of 5 stars (113 ratings)
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Publisher's Summary

Discover how to come up with an accurate repair estimate for a fixer-upper property quickly. 

If you want to be able to quickly and easily come up with a repair estimate any fixer-upper property, then this guide will show you step by step how to do just that. In How to Estimate Repair Costs on a Rehab, I've taken everything I’ve learned and used in the real estate business when it comes to estimating repairs and broken them down so you can use the findings to your advantage. 

In this real estate investing guide, you’ll discover...

  • The three different methods of evaluating repair costs 
  • Actual repair estimates and real numbers you can use no matter what type of market you are in 
  • The types of renovations that add the most value 
  • How to avoid common repair estimate mistakes 
  • The system I use for finding the best contractors and much more 

Learning how to estimate repairs accurately will make you a better real estate investor and save you money. 

The best real estate investors are not just the best marketers or have the most money to invest. To have lasting real estate success, you must know how to estimate repairs no matter what type of market or price range of property. 

Understanding repair costs will make you a better real estate investor whether your strategy is rehabbing, wholesaling, development, rentals, or any other strategy. 

Knowing how much it costs to repair properties will give you a competitive advantage over your competition so that you don’t get in over your head or pass up on amazing deals that need a little work. Get your copy today by clicking the "buy now" button at the top of this page.

©2019 Jeff Leighton (P)2019 Jeff Leighton

What listeners say about How to Estimate Repair Costs on a Rehab

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  • Overall
    4 out of 5 stars
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    5 out of 5 stars
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    4 out of 5 stars

Ok

Useful, but could have been better. I would have appreciated if the whole repair estimate checklist would have been read at the end. It was indicated it would be easily available on his website but I didn't find it to be the case .

3 people found this helpful

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    2 out of 5 stars
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    2 out of 5 stars

Giant ranges of estimates. Some helpful info.

The book should be titled “a short book of tips to help with rehabs” as it does contain some helpful information. There is not much value as far as helping estimate costs as he just throws out huge ranges that it “could” be in one instance the range is $1000-$10,000. This isn’t helpful information.

I wouldn’t spend $4 on it.

2 people found this helpful

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    5 out of 5 stars
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specifc numbers for arlington market

Great specifics for dmv. accurate except arlington tends to have higher floor/bathroom/kitchen costs than md.

2 people found this helpful

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    5 out of 5 stars
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    5 out of 5 stars

Simple, helpful as I’m getting started.

This book’s charm is in its simplicity. It does not claim to be more than what it is, yet it effectively gives helpful advice in a succinct manner.

I have found the process of estimating rehab costs to be daunting, but this helps to bring the task within my reach. Well worth the Audible credit + 1.5 hours spent listening.

1 person found this helpful

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  • PK
  • 03-27-19

Underwhelmed

I was expecting more from this than simply saying X rehab would run between $X - $XX, which even that is an oversimplification as prices will vary by location. If you’re looking for more information than a generic estimate for the VA, MD, and DC area I would look elsewhere.

3 people found this helpful

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    2 out of 5 stars
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    2 out of 5 stars

Very Broad Narrative Regarding Rehab Costs

In the author's defense, he clearly states multiple times that a rehab estimate shouldn't take longer than 15 minutes. In the extremely competitive market of flipping homes I think the estimate could make or break your chances at not only getting the sale but making any money. If you're a Square Foot Estimator that simply needs the size of a home to bid the Rehab then this book is for you. A generalized checklist with a best and worst case cost for a line item. I also disagree with his recommendation of getting contractor referrals from Home Depot. Typically your state should have a free and accessible list of every licensed contractor and their trade available online somewhere. All in all it was an average broad overview of Rehab costs. Not a great nor horrible 90 mins spent, simply average at best.

  • Overall
    5 out of 5 stars

Worth an hour for newbie investor

For about an hour of my time and $5, I was just expecting to pic a tip or two, and I was able to.
This isn't really a book but a guide with bullet points.

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A good, quick review that will save you time and money

The listen of this book is good for the first time rehabber who wishes to grow as a real estate investor for rehabs & rental properties.

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Practical advice

Even if the book is short the device is very practical and you can start applying it right away.

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    3 out of 5 stars
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    3 out of 5 stars

Not very in-depth

Found it was broad in the informative sections. Would have liked some exact examples or steps just to enlighten the read.