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Real Estate Investing with Coach Carson


Apr 15, 2024

⭐ Join Rental Property Mastery, my coaching & learning community: https://www.coachcarson.com/RPM-YT


🎙️ Episode #339 – From "soft costs" to contingency funds, Dawn reveals insider tips for accurate budgeting by the item, ensuring your BRRRR renovation projects stay profitable and completed on time. 

📄 Show Notes:  https://www.coachcarson.com/estimaterepaircosts/


▶️ Next Video: How to Analyze a Single Family House Rental Property

https://youtu.be/yocGE4XABTI?si=UEfmSK8hdjAiZibt


🎬 Timestamps:
00:00 - Estimating Renovation Costs 
01:15 - Budget During Execution Phase
04:22 - Levels of Renovations
05:36 - Soft Costs vs. Hard Costs
07:26 - Estimating Repair Costs Per Square Foot
10:39 - Contractor Budget Spreadsheet
16:09 - How to Decide Scope of Work
18:54 - Contingency Budget
23:36 - Meeting Market Expectations
26:17 - Start with the End in Mind
28:13 - Having Confidence in your Budget
32:47 - Durability vs. Beauty
37:03 - Skills from an Expert

 

🔗 Connect with Dawn Matze:

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• 30 Days to a Better Rental Investor
• Creative Financing for Real Estate Investors

 

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📘 The Small & Mighty Real Estate Investor:
https://www.coachcarson.com/smallandmighty

📙 Retire Early with Real Estate:
https://www.coachcarson.com/retirementbook

 

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