From the course: How to Analyze a Wholesale Deal in Real Estate

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The rehab estimator worksheet

The rehab estimator worksheet

- [Instructor] Hey, welcome back to the course. In this lecture we're going to talk about the rehab estimator tab. Now this is the tab that you're going to put in the estimates for any and all of the repairs that you think a flip investor is going to have to make. So basically all of the renovations that they're going to have to make. Now how you use this worksheet is this is organized in such a way where there are enough categories to pretty much cover any property you're looking at, any residential property that you're going to be looking at, where you can properly account for the costs in the correct cell. So anything in yellow, you see these yellow highlighted cells, that's where you actually type in the costs. So these are for specific rooms that you may have, and then these are for specific areas, the common areas or exteriors, non-rooms, and the actual property itself. Like kitchen, and any other kind of miscellaneous things. And if for whatever reason you don't see the thing…

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