Estimating Rehab Costs Like a Pro
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- Опубліковано 6 бер 2014
- www.freedommentor.com/estimati... Discover how to estimate rehab costs like a pro so that you know exactly how much it is going to cost to fix up your next house. Here is the AFTER video • Home Renovation Tips f...
Come on Phil...You gotta estimate the length of them slacks better. Just playing with you, very informative vid.
Lol
Yooo🤣🤣
😂😂😂
matt8863 screaming😂😂😂
Hammer time lol love ya Phil
"Forgiveness is easier than permission" I just recently found this channel but already love this guy. Also, never apologize, instead ask for hard but just punishment.
I would really love to see a the after repaired result to this property.
I would buy this house in a nanosecond. One giant garage sale would pay for the rehab!!
God I wonder how much you could get for all of that!
@Sally Pickering maybe if someone needs VHS tapes, moving boxes and old books, but I doubt it. I would offer it for free to save on hauling cost...
I didn't think that house was that bad at all. I mean once you get all that junk out of there you'd be about 75 percent done.
House still needs a total gut job though
Suddenly I don't feel like my house is such a mess!
I love seeing Hoarders. My house is empty.. lol..
Awesome video Phil. I really enjoy watching your videos because the are very informative and no BS! You shoot straight from the hip and thats what I like about you. You say things in a way where it all makes sense.
Many videos later and I'm still amazed and thankful for you sharing your knowledge. ☺
This video made me clean my house
Not this exact video but, same 😂😂 I came home on my lunch break after watching a hoarder house flip on another channel and I was like omg we live like animals and spent my lunch break cleaning lol
@@sam5miy LOL !!!
@@sam5miy we are animals
I wish I had your videos years ago when I studied with Carlton Scheetz, Alan (whoever), and all the others. When I watch your videos, you are hands on, real life. You're simply the best.
Phil I love your approach to real estate rehabs. you make it simple and take the stress out of the process.
I am learning so much from your videos and this one is PACKED with so many useful info. Thanks for the knowledge Phil and keep doing such an amazing job!
I think its give & take on these videos they're giving you enough to take to another level if you're willing to.
Phil your videos are amazing I can't stop watching them I've learned so much already i haven't brought anything yet but i feel i can make a more informed decision when i finally get to that step so thank you
Nicely done. I like seeing you walk through the process and calling it out as you go. That's really helpful for visual people like me.
It is like a time capsule with everything 80s and 90s. I LOVE those knobs in the kitchen and would have to keep them and use them on the new cabinets as a homage to the house's past.
Great tour Phill lots of new knowledge! This video defiantly teaches you to see what needs to be done wheter for selling or renting. Right on!
this is one of your best videos you should definitely make more of these Phil ..
2:30 - A fun way to announce your entrance would be to kick in the door while yelling “FBI DON’T MOVE!!!”
yup.. but at least have a big mag light on you for crackhead squatters... i flipped in houston, and there were a lot of those... i'd find human poop on the floor with broken crack pipes and used needles and condoms... way nastier than the house shown here. ha
Phil, this was a great video. Simple, but thorough. Like you said throughout the video, it's all on whether you are renting or selling. Having your experiences kind of makes a person feel more in "control", with a methodology for their estimate.
Thank you Phil for the excellent tips when doing a home inspection. I'm new to real estate investing, and estimating the repair costs was one of my concerns when deciding whether a home is worth the time and effort, or if it might result in a disappointing loss of money in the long run. I'll be viewing your other helpful videos as well. Steve.
Thank you so much, I know the video is older but it contains so much extraordinary information that sometimes we look over or forget when viewing a property.
Man..some of the BEST INFORMATION HANDS DOWN! Thank you!
informative video, Phil. Thanks. I'd suggest also taking photos as you walk through the place to later remind you of what you observed.
Now this is smart, and can be done easy enough. I learned a great deal with this video on how to look at homes and what to do. Definitely worth my time to seek out more homes like this one. I saw a home near me that had a trashed barn that needed to be completely gutted, trashed up to the waist in trash bags, fire barrel was full, house was a double wide with the septic totally cracked, and it needed a lot of new stuff. They wanted 65K for it but with all that was wrong (to include the carpet, etc) I will wait till it comes via tax sale before paying that much.
Thank you so much for all this amazing lessons.. im in the caribbean right now.. 50 miles south from cancun to be exact, looking for investments over here, and your channel has had a huge inmpact on my education. thank you!!!!
Thanks so much Phil for all this amazing information. All your videos are gold dust.
I love your channel! Even though most of your teaching is investor related (I'm a retail buyer) I have learned so much.
Thank you for the walk-through and detail of how to estimate rehab costs. Noone else has ever showed this detail on how to do it, and for free too! You are a wonderful mentor!
Such a nice and comfortable house. Great location, the lake view is just amazing, I mean will be when the trees and bushes ruining the view are cut down. The owner must have been a very motivated seller. That mess was just insane, good thing they finally took the time to sit down and reflect on their life and where they are going with it which landed you a great deal I guess? I hope you can clean the place and make the best out of this property. Anyways, great video as always, I really like learning about creative real estate through your videos : )
Dave
Phil, You are realy great on all the topics of Real Estate. I appreciate you being so much creative.
Love the video! That's exactly how i do it. Pen, paper, phone, ruler. Room by room, item by item...thanks for sharing
Great job Phil.. that's right. Do what makes sense for that house and that location.
I love the way you explain everything. Keep up with updating. thanks
I could see the absolute potential of the property while going through the property. Also btw, it was very enlightening that you pointer out that determining the end game of the property, as well as the neighborhood and other factors should determine the level of quality of the materials and amount of work needed to factor in the rehab.
you're just amazing Mr.Pustejovsky.. you've made me feel.... smart? lol.. im going to get my real-estate license because of you now.. no joke.. I've watched just about every video you have... including "quit your job for real estate?"
Thanks for the great tips on how to get through this. Right now I am in the information gathering process of Real Estate investing. You provide really great, practical advice on how to and why you do things. Much appreciated.
Please do more of these. This was amazingly helpful!
Thinking about trying my first flip, your help is appreciated and I did subscribe.
As usual Phil, great video filled with substantial knowledge. My wife and wanted to do the mentor program but the terms were too costly in the long run for our situation.
First rule of walking an abandoned property: NEVER OPEN THE REFRIGERATOR!
I know, that is so true, cause I went to see a REO and I was forewarned not to open the the Refrig...So I ask the agent if this is some sort of tales from the Crypt with refrigerated bodies. We had a good laugh about it. But it was really dark and creepy...lol
.... but i have to! Curiosity killed the cat!
I had my contractors take an $1,800 refrigerator out in the backyard wearing a respirator and had them clean out after having food in it for 6 weeks without power. That was the worst $200 I ever spent. Sadly it had to be thrown away, even after running an Ozone Generator inside for two hours!
UltimateBargains LOL I've learned that in a very bad way. LOL
...OR LIFT THE TOILET LID
wow!!! I thought I was detailed. some of this I am familiar with but it was super HELPFUL. THANKS
This video has been immensely helpful. Thank you so much for taking the time to make it! These kind of on-site videos are the especially informative. YOU SHOULD MAKE MORE OF THESE! :)
+Luke Bambrick It cost around $3,000 in production fees from the camera people. That's why every video does look this good :)
+Phil Pustejovsky oh my goodness. That's crazy! I never cease to feel more indebted to you for these vids! ;) keep up the awesome work, Phil.
Very informative video. I had no idea all that work was needed to do a rehab.
Great video! Thank you for the walk through.
I’m totally new to this, but I love your video. Very informative. Thank you so much.
"This floor... is awful." It really was. That had me laughing!
Phil, great video. I really liked the $5K block system.
Cool video. Like how you walked through step by step in each room. A lot of common sense ideas.
Thnks
Your enthusiasm is infectious....nice video.
Estimating rehabs correctly is very important and will save you time and money. GREAT VIDEO!!!!
Thank you for sharing I agree with your comments.
great video! i like how gave options between rental VS Flip ideas
Yes, Thank you so much !!!! I always wanted to walk in a house like on hgtv and just start throwing numbers in the air to renovate and be roughly right lol ,😀 Great strategy and thanks again
Woooow!!! I guess the old adage is really true~ "You don't know what you don't know." Talk about creative! You rock Phil. What did you end up doing with the property?
@phil. The "forgiveness is easier than permission" definitely got u my thumbs up! Hahah. I'm glad I discovered your channel.
Phil God bless you for this free book thank you so much for sharing your knowledge
Hello Phil, very nice video. Perhaps you have already done that but just in case you haven't I think that it would be interesting to see a similar due diligence analysis video in case of commercial real estate, like multi family homes etc.
agreed
I like that we think alike and want to get the place back in shape as cheap as possible. I am working on a rental property and was going to upgrade a bunch of things but changed my mind. New area I am not familiar with so just a touch up and clean well. If it proves profitable I will do some upgrades next year.
Thank you for making this video
A few hours south of Green Bay- but, I can attest... Not many termites up here in Wisconsin :) (can't stop watching your videos!) Ty...
Geat video Phil, thanks for sharing. going to need a few dumpster for that mess. We needed 4 dumpers for my friend Dons parents house...
great stuff and amazing loving enthusiasm in delivering it
Excellent video. I’m about to make my first offer and this helped confirm that I did the right thing.
Thank you so much for these videos... you are very knowledgeable and don't go for the high priced stuff... I don't believe you have to have the best quality in everything, some people will change it no matter what.
Nice one again Phil!! :) Thank you.
I love the way you teach, you are going to make me and others a money making machine keep listing at you.Thank you for that sir.God pless you!
Very helpful tips! Thank you, Phil!
Just loving all your videos.👌
great informative video especially for a newby! Thanks!
Great information. I learned a lot.
Thank you
Great video, thank you for these!
Love it. Thank you Phil.
You have the best advise god bless you
Very informative. I'm learning a lot. Thanks.
Thank you alots for the tips and tricks of the trade Phil!
Excellent Video! Thanks Phil!
Thanks Phil ! Very educative as always
Great video very informative thank I'm looking forward to the next video
Thank you for this video. I ave learned a lot from. I wish you will do it again.
Great video Phil,thanks again. Brian
You're awesome! I appreciate you.
Thank you for the great info. as always.
Great video. Not sure if this home had a garage door but it is a good to idea to take a look at
that. Also I like to check the attic for leaks, insulation (or lack thereof) and any possible rodent infestations.
Very informative, you’re the best!!
please do more walkthroughs like this. love the vid
I didn't recognize you without the white board lol. great video!
Dragis Alfonso 🤣🤣
I've found that when I'm estimating rehab costs, I look up the items (windows, flooring, kitchen appliances, etc.) at one of the big box stores website, and then multiply those numbers by 3 times. It gets me close to the actual cost. For instance, say it costs $250 for a double-hung window, I would budget $750 to replace the window. 2 gallons of paint costs $70 and will paint a small bedroom, I would budget $210 to paint the room. Some projects will cost a little more, and some will cost a little less, but they will average out pretty close. It's also a good idea to add 20% for contingencies too, for unexpected costs.
Thanks Phil
I'm learning a lot from your videos
This video just change my life
Thank you so much for this video, could you do some estimating on rehab video costs?
l love your videos Phil. You are an awesome contributor! Thanks for your service!
Great Phil I learned a lot!! Your the best!!!
Great video ! Thanks Phil
relaxing or not relaxing, mantra , I find that this helps
excellent video thank you
Hi Phil, I'm a California Real Estate Broker for the past 25 years. I'm just beginning to venture into Investing and just started looking at your videos and they are very informative. I'll check out your website as well. Thankyou
Being a 25 year veteran, you'll like my videos. No hype. Just the real story on how it really works.
It's a very good advice. Thank'
Thank you, this is really helpful. I'm looking to buy a cheap first house.
Great information, well presented. Thank you.