Are you looking for a good rule of thumb to use when estimating repairs for a wholesale deal?
$10 Sq Ft - General Cosmetic Work (Paint, Carpet, Small Upgrades)
$15 Sq Ft - Cosmetic + Upgrades (Paint, Carpet, Kitchen/Bath Upgrades)
$20 Sq Ft - "Gut Rehab" (Demo to Studs and Start Over)
Rehab/Materials costs will vary depending on your target market, but this is a great way to get a general feel for rehab costs, till you can get a pro out there to verify.
Remember, most Real Estate Service Companies usually charge around $125 for an Interior BPO and you can get Pest/Termite Inspection for $75. This is a relatively cheap way to get a great "feel" if you have a deal or not.
Close Some Deals!
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