Real Market Experts

In this webinar Jerry goes thru two just finished examples of what it takes to rehab a property.  Jerry shares costs, what to look for (and look out for), how to estimate quickly and accurately, and more!  What type of flooring should you use?  Is a bad roof a "turn off" for a potential rehab?  What's an upgraded bathroom cost?  Does granite in an older home make sense?  Should you update safety items like smoke detectors?  Jerry answers these questions and more!  See two rehab examples.  (PLEASE NOTE THAT THE AUDIO STOPS FOR ABOUT 30 SECONDS SOMEWHERE AROUND HALF-WAY THRU.  Something happened to the recording but it does then start up again and continues on track the rest of the way.  Sorry for the inconvenience and thank you!)

This webinar delves deeper into rehab costs.  Jerry Norton, a rehab professional in Pontiac, MI, shares his secrets for the "15 minute rehab estimate" with members of Nouveau Riche.  Jerry covers how to estimate costs for each item of a rehab project quickly and accurately.  Using photos of some of his work and tips he uses every day you'll gain insight into the rehab process no matter your experience level. 

All aspects are covered from complete exterior to interior plumbing, electric, kitchen, bath, etc.  Please note that actual prices for materials and labor are shown on this webinar.  These prices reflect the Pontiac, MI market and should be adjusted for your market area.  The attached spreadsheet uses the same numbers.  ADJUST THESE TO FIT YOUR AREA!  Once you've done that you should only need to make adjustments as prices change.

This week’s webinar can be viewed at - how to estimate rehab costs. 

To download the spreadsheet used in this webinar click below.

Spreadsheet format - rehab checklist

Printable format - rehab checklist printable

The presenter for this webinar is Lance Dehning, one of the most popular instructors with Nouveau Riche. Here, Lance shows some of the tricks of the trade, what to look for (and look out for), and offers some valuable advice for those interested in rehabbing properties.  Also shown are some properties that the Denver team has worked on and were available as turn-key investments at the time of the original airing of this webinar.

Key topics covered are what to look for in a potential rehab, what renovations pay the most, where to source materials, and more.  Lance also offers some simple tips that most people never think of that can greatly improve the potential of your rehab property.

This week’s webinar can be seen at - how to rehab properties.