Real Estate Investing with Coach Carson
Business:Investing
⭐ Join Rental Property Mastery, my coaching & learning community: http://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:
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⚒️ Get my FREE Real Estate Investor Toolkit:
https://www.coachcarson.com/toolkit-yt/
🖥️ My Real Estate Courses: https://courses.coachcarson.com
• 30 Days to a Better Rental Investor
• Creative Financing for Real Estate Investors
📚 My Books:
📘 The Small & Mighty Real Estate Investor:
https://www.coachcarson.com/smallandmighty
📙 Retire Early with Real Estate:
https://www.coachcarson.com/retirementbook
💰 DealMachine - Software to help you buy more real estate deals:
https://www.coachcarson.com/dealmachine-YT
✅ Subscribe for more videos about real estate investing:
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🌐 For everything else: http://www.CoachCarson.com
#342: How to Grow Your Rental Portfolio Using Private Money - with Soli Cayetano
#341: Crash Course on ADU Rental Investing (Accessory Dwelling Unit)
#340: 10x your Cashflow & Freedom by Self-Managing Rentals
#338: Should I pay down debt or buy more rentals?
#337: Long-Distance Real Estate Investing - How to Build Your Team
#336: How to Raise Rents the RIGHT WAY | For Small Landlords
#335: How One Landlord Keeps His Rentals Low Maintenance in 2024
#334: Behind the Numbers: How I track my rental property finances
#333: How to Find the Best Property Managers
#332: How to Analyze a Single Family House Rental Property
#331: David Greene was laughed at for doing this - until he became a Millionaire
#330: Should I Sell or Keep my Rental Property?
#329: Buy Rental Properties Here For Max Cash Flow and Growth
#328: How I'd Buy My Next Rental if I Only Had $50,000
#327: How to Choose Your Perfect Real Estate Strategy
#326b: Should you refinance your property to pay for a down payment on another property? - John Schaub
#326: Old School Rental Cash Flow Tricks That Work in 2024 - John Schaub
#325: Real Estate Investing in 2024: How to Prepare & Avoid Trouble
#324: 4 Underrated Ways to Find Off-Market Property Deals in 2024
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