*Coach Dave,*

Do you have a costing model for rehabs?

I’m learning a lot from your emails…much

more than the seminars I attended.

*Thank you,
Edwin*

Great question Edwin, and thanks for the

kind words!

I get this one a lot, and it annoys me that

so many of the so-called “gurus” never

answer it directly.

Instead they give the “well it depends”

answer, which doesn’t help anyone.

At Capital Rehab Group, we use a very

simple formula for calculating the cost

of a rehab:

Sq Ft of House x $25 = Cost of Rehab

For example, if you are going to rehab

a 1200 sq ft house, your estimated rehab

costs would be:

1200 sq ft x $25 = $30,000

As another example, if you are rehabbing

a 2200 sq ft house, you can estimate

the cost to be:

2200 sq ft x $25 = $55,000

This is a very simple formula, and it is

excellent for quickly estimating rehab

costs when looking at properties.

Let’s be honest: when you are looking

for a house to flip, it is impractical to send

a contractor out to every single property

you look at to give you an estimate.

This formula allows you to quickly get

a rough estimate of your rehab costs

in MOST markets.

Now keep in mind, before you actually

buy a property, get an accurate estimate

from a contractor, and have a home

inspector look at the house as well.

That said, it is really amazing how

accurate this simple formula is on

most rehabs.

If you want more tips and formulas like

this one, grab our Capital Rehab Group

Pro House Flipping Guide.

It is a series of videos that shows you

every trick, secret, and formula that

we have used again and again to

successfully flip houses.

Grab yours now:

https://www.capitalrehabgroup.com/order