How to Calculate the Cost of Repairs on ANY House [In Under 60 seconds!]

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  • Опубліковано 5 січ 2025
  • When making offers on distressed properties, most new wholesalers have no idea how to accurately calculate the cost of repairs and either guess or they spend way too much time trying to figure it out.
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КОМЕНТАРІ • 193

  • @RyanFerguson369
    @RyanFerguson369 Рік тому +29

    Jerry, these last two videos have been exactly what I’ve needed to fine-tune how I’m making offers. Thank you.

  • @yeahthatdamon
    @yeahthatdamon Рік тому +6

    Thanks, Jerry! You are a (GENEROUS!) Flipping Genius.

  • @Bwmv98
    @Bwmv98 Рік тому +7

    Thanks Jerry, you've seriously taught me more than the course that I've paid for in the past. In the process of my first deal🙏

  • @TitleistGolf13
    @TitleistGolf13 Рік тому +3

    1st! Jerry you are a FLIPPING genius! I write these down and keep to use! Your channel provides SO much value its crazy! Please bring back the watch me wholesale series

  • @ajrose1245
    @ajrose1245 Рік тому +5

    Once again, you're a flipping genius Jerry!!

  • @clawhammer8421
    @clawhammer8421 11 місяців тому +2

    And the beat goes on...Jerry you're a flippin genius and in a league of your own 🏆

  • @edwardnasr2052
    @edwardnasr2052 Рік тому +2

    Screenshots. Thanks Jerry you’re a flipping genius. Confidence boost

  • @AlanBarragan4
    @AlanBarragan4 10 днів тому +1

    Thank you so much Jerry 💰📓📝 for the free game that you give out and this analyzer. It’s really game changer. Thank you so much.

  • @KhalidKhan-oh1iv
    @KhalidKhan-oh1iv Рік тому +3

    Thanks Jerry! You are a flipping genius! 😊

  • @Dan-pq7cq
    @Dan-pq7cq Рік тому +1

    Thanks I appreciate the update. I comment on a older video asking for an update and here it is thanks again.

  • @shanitaw
    @shanitaw 5 місяців тому +1

    This is GOLD! Thanks, Jerry!

  • @WisePropertiesinTX
    @WisePropertiesinTX 3 місяці тому

    Thank you, Jerry, for everything you've given! You are a Flipping Genius

  • @luisjavier990
    @luisjavier990 Рік тому +1

    Thanks Jerry, you are a flipping genius.

  • @fabianreid7368
    @fabianreid7368 9 місяців тому +1

    Jerry You’re The 🐐🐐

  • @vandalinvestments3886
    @vandalinvestments3886 6 місяців тому

    Thanks, Jerry, you are a flipping genius! You and your friends seriously give out an insane amount of knowledge.

  • @TrueHarvestProperties-dx5il
    @TrueHarvestProperties-dx5il 3 місяці тому +1

    Jerry thanks, You are flipping GENIUS!!!❤‍🔥❤‍🔥❤‍🔥

  • @josephgodoy25
    @josephgodoy25 10 місяців тому +1

    Thanks Gerry you are a flipping GENIUS

  • @deshawndixon5455
    @deshawndixon5455 Рік тому +1

    Jerry you are a flipping genius‼️

  • @ediewebber3738
    @ediewebber3738 Рік тому +2

    thanks Jerry! Merry Christmas!

  • @TruthTellers_100
    @TruthTellers_100 Рік тому +1

    Jerry, you are a flipping genius ❤

  • @belaad
    @belaad 11 місяців тому +1

    Jerry, you’re a flipping genius!

  • @randyfinley8897
    @randyfinley8897 5 місяців тому +1

    Thanks jerry, you're a flipping genius! Thank you for all you do for us.

  • @IMARBAN
    @IMARBAN Рік тому +1

    THANKS JERRY YOU ARE FLIPPING GENIUS ❤😊❤

  • @elijahcooper8636
    @elijahcooper8636 22 дні тому +1

    flipping genius your amazing bro

  • @Meye113
    @Meye113 10 місяців тому +1

    Just wanna say. Your amazing and thank you !

  • @collinbaptiste5619
    @collinbaptiste5619 Рік тому +1

    Thanks Jerry you're a flipping genius, sir 👏🏾 🎉

  • @RobinJiles
    @RobinJiles Рік тому +1

    Thanks Jerry. You’re a flipping genius

  • @carolswanagan5050
    @carolswanagan5050 11 місяців тому +1

    Thanks Jerry, you’re an Awesome Flipper.! ❤

  • @zioncason3042
    @zioncason3042 Рік тому +1

    Thanks Jerry you are a flipping genius

  • @malysabido100
    @malysabido100 Рік тому +1

    Thanks Jerry, you are a flipping genious!!

  • @demarcounderwood1856
    @demarcounderwood1856 11 місяців тому +1

    Thanks Jerry you're a flipping genius

  • @CoachPKtrack
    @CoachPKtrack 7 місяців тому +1

    Genius! Jerry helped me out with this one☝🏼

  • @tarelljackson8132
    @tarelljackson8132 11 місяців тому +1

    Thanks Jerry you are a flipping genius 🏆

  • @AlfredoContreras-Cabrale-qd7mn
    @AlfredoContreras-Cabrale-qd7mn 3 місяці тому

    Thanks Jerry, youre a genius. Great tool to use!

  • @cassandrapatterson6222
    @cassandrapatterson6222 3 місяці тому

    THANK YOU JERRY, YOU ARE A FLIPPING GENIUS

  • @TheREIstory
    @TheREIstory 11 місяців тому +1

    Thanks Jerry! It would be cool if we could still edit the numbers in the tool though, still a great resource.

  • @kmclean03
    @kmclean03 4 місяці тому +1

    Thanks Jerry, you are a flippin GENIUS 😁

  • @veronicatoles
    @veronicatoles 8 місяців тому +1

    Thank you, Jerry. This was very informative.

  • @Jameelah-f4m
    @Jameelah-f4m 4 місяці тому +1

    Thanks Jerry.You're awesome!

  • @avmreyes
    @avmreyes 4 місяці тому +1

    Thanks Jerry, you're a flippin genius!

  • @DaveonWilliams-b1n
    @DaveonWilliams-b1n 5 місяців тому

    Thought I would have to get a contractor (which is necessary in any thriving business) but this video helped! Wish me best on first deal! Thank you & read the book! You’re awesome dude

  • @EdwardFrietze
    @EdwardFrietze 7 місяців тому

    Thanks Jerry you are a Flippin Genius.

  • @rogelioordonez777
    @rogelioordonez777 Рік тому +1

    ❤ thanks Gerardo you are a flipping genio! Thank you for helping us make it in this industry....God continue to bless the family & You ! ♥

  • @majinbuu518
    @majinbuu518 4 місяці тому +1

    Thx Jerry! Youre a flipping genius

  • @Tmb_investments
    @Tmb_investments Рік тому +1

    Jerry I love the videos. I was hoping you could point me in the right direction. How do you get properties under contract without seeing the property. Tips to do it for free without paying an inspector are much appreciated. Btw you’re a flipping genius!

  • @MindrichLLC
    @MindrichLLC Рік тому +18

    Jerry, your video for repairs costs for 2022 showed a repair estimation for 3500-5000 SQFT at $87,500. This most recent video shows an amount of $68,750. Shouldn't the amount have increased instead of decreasing $18,750?

    • @FlippingMastery
      @FlippingMastery  Рік тому +18

      Yes, good catch. I’ll get fixed asap. The correct number should be $96,250

    • @kmclean03
      @kmclean03 4 місяці тому +1

      Man im glad i came through the comments here

    • @j-scrubsaccessoriesbynette21
      @j-scrubsaccessoriesbynette21 4 місяці тому

      @@kmclean03same I watched this video at least 6x

    • @NB-ek6ei
      @NB-ek6ei 3 місяці тому +2

      @@FlippingMasteryCan you update video with the right numbers

    • @Herbabe215
      @Herbabe215 2 місяці тому

      @flippingmastery did you update yet

  • @successfulquotes01
    @successfulquotes01 11 місяців тому +1

    Thanks jerry..u are a flipping genius ❤

  • @azwholesalerealty
    @azwholesalerealty 7 місяців тому +1

    Your a flipping Genius Jerry!!

  • @katiriaedwina
    @katiriaedwina 6 місяців тому +1

    Thanks Jerry you are a flipping❤❤❤ genius. ThAnk you.

  • @maryshutt
    @maryshutt 7 місяців тому +1

    thanks Jerry, you're a flippin genius

  • @elevatewithCoriL
    @elevatewithCoriL 2 місяці тому +1

    Thank you Jerry!

  • @donaldflax2009
    @donaldflax2009 Рік тому +1

    Thanks Jerry, u are a flipping genius

  • @tyronh2896
    @tyronh2896 9 місяців тому

    Thx Jerry. You're a flipping genius.

  • @Suree-f2o
    @Suree-f2o 5 місяців тому +1

    You are a flipping genius!

  • @berhanek1978
    @berhanek1978 11 місяців тому +1

    Estimating repairs has been a major STRUGGLE for me Jerry. This was very helpful. How are you factoring in the big ticket items (Roof, A/C, Electrical, Foundation, Plumbing) in this formula? It's another challenge i'm facing. If you can help me with this part as well, then i believe i can truly grow my business. Thanks Jerry

  • @pyscmind
    @pyscmind 2 місяці тому +1

    JERRY THE GOATTTTTTT

  • @PharrishSolutions
    @PharrishSolutions 6 місяців тому +1

    Thanks Jerry I appreciate you

  • @fallen3381
    @fallen3381 6 місяців тому +1

    thanks jerry you are flipping genius

  • @ammaraslam4853
    @ammaraslam4853 5 місяців тому +1

    Thanks jerry your a genius ❤

  • @jhercules1275
    @jhercules1275 4 місяці тому +1

    Amazing work brotha

  • @cassiusclayreels
    @cassiusclayreels 10 місяців тому +1

    Thanks, Jerry. You're a Flipping Jeezus at this point lol. Keep em coming 👌🏾

  • @BushidoBrown117
    @BushidoBrown117 10 місяців тому +1

    You're a flipping genius

  • @mariohosea4782
    @mariohosea4782 4 місяці тому +1

    Thank Big G dawg 💪🏽

  • @JuniorAB09
    @JuniorAB09 7 місяців тому +1

    Thanks Jerry!

  • @bluesash10
    @bluesash10 11 місяців тому

    Thanks, Jerry! Does this include interior design costs? You are flippling genius!!

  • @mcrellsandwich
    @mcrellsandwich 6 місяців тому +1

    Thank jerry you flipping genius

  • @bootsbooy
    @bootsbooy 3 місяці тому +1

    I know these numbers tend to fluctuate depending on where you are, but they are nothing close to what I’m getting in New Jersey, Delaware, or Philadelphia

  • @ProjectQuilt321
    @ProjectQuilt321 Місяць тому +1

    Genius 😮

  • @DustinWhitmore-o3j
    @DustinWhitmore-o3j Рік тому +1

    Thanks Jerry. You’re a flipping genius.
    I joined the website. But I keep getting an error when trying to use the instant deal analyzer.

    • @FlippingMastery
      @FlippingMastery  Рік тому

      My support team would be happy to help with that! Please reach out to them at: support@flippingmastery.com or (888) 958-3028

  • @crislopez8456
    @crislopez8456 28 днів тому +1

    Flipping genius

  • @ElsaLaTorre-tu2lf
    @ElsaLaTorre-tu2lf 7 місяців тому

    Thanks! You are the best, oh yeah and genius! 😊

  • @NestorMonasterio
    @NestorMonasterio Рік тому

    Jerry man your a flipping GENIE

  • @deemoney6347
    @deemoney6347 9 місяців тому +3

    I don’t think these prices would work for California 😅

  • @diguidiannomoko1252
    @diguidiannomoko1252 3 місяці тому +1

    Thx Jerry

  • @IvanAlta12
    @IvanAlta12 11 місяців тому

    Hey, Jerry youre videos help me so much to figuring out things to get started! But I had a question and was wondering if this is for the living space, or is this with the whole property lot?

  • @naturallyjacara5291
    @naturallyjacara5291 Місяць тому

    Do these numbers vary by state ? Since pricing for homes vary by state would that have an impact located in cali ?

  • @staytrippy2596
    @staytrippy2596 6 місяців тому

    Thanks Jerry!!

  • @AzD435
    @AzD435 2 місяці тому

    What do we do when repair cost is more than arv? I’m looking at a home in Birmingham ARV 55K it’s a full gut 950sqff.

  • @rairmeha1965
    @rairmeha1965 3 місяці тому +1

    Thankx

  • @elpapiangel3264
    @elpapiangel3264 Рік тому +1

    Hey Jerry amazing video and I have a quick and I hope you are able to answer it so I was using prop wire to skip trace numbers and when I try to call them or text them it says non wireless number what does that mean and what can I do to get around that ?

    • @FlippingMastery
      @FlippingMastery  Рік тому

      It’s a landline number. Call it and see if it’s accurate

  • @icilahmb
    @icilahmb 4 місяці тому +1

    10 muy buenos Jerry..

  • @alvinwitherspoon5960
    @alvinwitherspoon5960 9 місяців тому

    Hey Jerry, when you say you might get a house that falls between a light rehab and an average rehab then split the difference and you’ll be fine. So if I have a home with a sq ft below 1500 and it needs a light and average rehab then I subtract $45,000 - $20,000 and that’s the rehab cost?

  • @MatthewNislein
    @MatthewNislein Рік тому

    Thank you for this!

  • @deanmarten
    @deanmarten 3 місяці тому

    Hey Jerry, does this include Roof and windows?

  • @habenmussie1245
    @habenmussie1245 3 місяці тому

    Its a great video. But what state or zip code are these costs for because I want to factor it with zip code costs.

  • @itzjoe8972
    @itzjoe8972 Рік тому +2

    Thenks Jerry you are a flipping genius. I am new to wholesaling and I want to ask if you by any chance jv?

  • @FaEverrBarnes
    @FaEverrBarnes 11 місяців тому

    Hi jerry, I was wondering how would I go about calculating the difference if the rehab is in between light and average?

  • @matthew8661
    @matthew8661 3 місяці тому +1

    i like price per sqft better tbh and jerrys numbers are good 15-20 for light 30 or more for average 60+ for gut it depends on the market ask your local investors or contractor friends

  • @partidrux1067
    @partidrux1067 6 місяців тому +1

    Good vid bro

  • @everythinghomekelly2618
    @everythinghomekelly2618 Рік тому

    Jerry 🎉 YOU ARE A FLIPPING GENIUS 🤑😎💯🐉📱💵💰📝

  • @landrichplus
    @landrichplus Рік тому

    Thanks Jerry

  • @KeandricGivens
    @KeandricGivens Рік тому +1

    Hey Jerry, i would love to learn directly from you if you have classes.

  • @LucasSuarez-ke1ej
    @LucasSuarez-ke1ej 7 місяців тому +1

    Thank you

  • @ivantorres2711
    @ivantorres2711 5 місяців тому +1

    Jerry, you are a flipping genius... question... does your "Deal Analizer" tool automatically get updated regardless of software or only in Flipster..??

  • @davidmacgown321
    @davidmacgown321 11 місяців тому +1

    Jerry, I usually get 3 contractor bids during the due diligence period. Are you saying by using mydealanalyzer that eliminates the need for contractor bids if you intend to wholesale the house?

    • @FlippingMastery
      @FlippingMastery  11 місяців тому +1

      It uses an algorithm based on level or rehab and sqft of the house. If you want exact rehab , you have to get contractor bids

  • @RefinedMayweather
    @RefinedMayweather Рік тому +1

    I have an historic district home that needs a heavy rehab 2464 sqft mane it’s tuff in my market to get it gone 😮‍💨😮‍💨even with 30% of renovations cost rewarded as sellable tax credit

  • @gloryfulskip
    @gloryfulskip 5 місяців тому

    Hey Jerry, would say this information is still viable right now with the market as it is?

  • @dominickoquin3103
    @dominickoquin3103 10 місяців тому +2

    🔥🔥🔥

  • @proboxer4
    @proboxer4 Рік тому +1

    Thanks Jerry. Just what I've been waiting for. You are a flipping genius.

  • @quintonmcelroy5890
    @quintonmcelroy5890 7 місяців тому

    What category does a new roof fall into??