#339: How to Estimate Repair Cost for your Next Rental Property

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://www.coachcarson.com/rpm 🎙️ Episode #339 – From "soft costs" to contingency funds, Dawn reveals insider tips for accurate budgeting by the item, ensuring your BRRRR renovation projects stay profitable and completed on time.  📄 Show Notes: https://www.coachcarson.com/estimaterepaircosts/ ▶️ Next Video: How to Analyze a Single Family House Rental Property https://youtu.be/yocGE4XABTI?si=UEfmSK8hdjAiZibt 🎬 Timestamps: 00:00 - Estimating Renovation Costs 01:15 - Budget During Execution Phase 04:22 - Levels of Renovations 05:36 - Soft Costs vs. Hard Costs 07:26 - Estimating Repair Costs Per Square Foot 10:39 - Contractor Budget Spreadsheet 16:09 - How to Decide Scope of Work 18:54 - Contingency Budget 23:36 - Meeting Market Expectations 26:17 - Start with the End in Mind 28:13 - Having Confidence in your Budget 32:47 - Durability vs. Beauty 37:03 - Skills from an Expert 🔗 Connect with Dawn Matze: FREE Contractor Budget Spreadsheet: https://docs.google.com/spreadsheets/d/1BZBqwjje0vuL_wuRzouI2dPg76SLIeqJ/edit#gid=1815934690 Dawn's Book – Nailed It: https://a.co/d/70A4yo7 Instagram: https://www.instagram.com/womanbuilderdawn/ Facebook: https://www.facebook.com/dawn.matze/ Website: https://womanbuilder.com -------------------------- ⚒️ Get my FREE Real Estate Investor Toolkit: https://www.coachcarson.com/toolkit-pod  🖥️ Learn with Coach (Courses, Books & more): https://www.CoachCarson.com  👋 Connect with Me: 📸 https://www.instagram.com/coachchadcarson 👍 https://www.facebook.com/coachchadcarson 🐦 https://twitter.com/CoachChadCarson 💰 DealMachine – Software to help you buy more real estate deals:  https://www.coachcarson.com/dealmachine