How to Calculate the Cost of Repairs on ANY House [In Under 60 seconds!]

When making offers on distressed properties, most new wholesalers have no idea how to accurately calculate the cost of repairs and either guess or they spend way too much time trying to figure it out.
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Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate.
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#FlippingHouses #WholesalingHouses #FlippingGenius

[@ryanferguson9249]

Jerry, these last two videos have been exactly what I’ve needed to fine-tune how I’m making offers. Thank you.

[@righteousdaugther]

Me too!

[@TrueHarvestProperties-dx5il]

Jerry thanks, You are flipping GENIUS!!!❤‍🔥❤‍🔥❤‍🔥

[@unofficiallydamon]

Thanks, Jerry! You are a (GENEROUS!) Flipping Genius.

[@Bwmv98]

Thanks Jerry, you've seriously taught me more than the course that I've paid for in the past. In the process of my first deal🙏

[@jb7669]

Thank you, Jerry! You are a flipping genius!

[@ajrose1245]

Once again, you're a flipping genius Jerry!!

[@TitleistGolf13]

1st! Jerry you are a FLIPPING genius! I write these down and keep to use! Your channel provides SO much value its crazy! Please bring back the watch me wholesale series

[@edwardnasr2052]

Screenshots. Thanks Jerry you’re a flipping genius. Confidence boost

[@KhalidKhan-oh1iv]

Thanks Jerry! You are a flipping genius! 😊

[@Jameelah-f4m]

Thanks Jerry.You're awesome!

[@clawhammer8421]

And the beat goes on...Jerry you're a flippin genius and in a league of your own 🏆

[@MindrichLLC]

Jerry, your video for repairs costs for 2022 showed a repair estimation for 3500-5000 SQFT at $87,500. This most recent video shows an amount of $68,750. Shouldn't the amount have increased instead of decreasing $18,750?

[@FlippingMastery]

Yes, good catch. I’ll get fixed asap. The correct number should be $96,250

[@kmclean03]

Man im glad i came through the comments here

[@j-scrubsaccessoriesbynette21]

@@kmclean03same I watched this video at least 6x

[@NB-ek6ei]

@@FlippingMasteryCan you update video with the right numbers

[@proboxer4]

Thanks Jerry. Just what I've been waiting for. You are a flipping genius.

[@randyfinley8897]

Thanks jerry, you're a flipping genius! Thank you for all you do for us.

[@shanitaw]

This is GOLD! Thanks, Jerry!

[@Dan-pq7cq]

Thanks I appreciate the update. I comment on a older video asking for an update and here it is thanks again.

[@WillPower-j3t]

Thanks Jerry you are a flipping genius!!!

[@josephgodoy25]

Thanks Gerry you are a flipping GENIUS

[@jeanolivierhebert6257]

Thanks Jerry

[@EmanCarballo]

Thanks Jerry. You’re a flipping genius!

[@avmreyes]

Thanks Jerry, you're a flippin genius!

[@collinbaptiste5619]

Thanks Jerry you're a flipping genius, sir 👏🏾 🎉

[@kmclean03]

Thanks Jerry, you are a flippin GENIUS 😁

[@luisjavier990]

Thanks Jerry, you are a flipping genius.

[@vandalinvestments3886]

Thanks, Jerry, you are a flipping genius! You and your friends seriously give out an insane amount of knowledge.

[@majinbuu518]

Thx Jerry! Youre a flipping genius

[@zioncason3042]

Thanks Jerry you are a flipping genius

[@IMARBAN]

THANKS JERRY YOU ARE FLIPPING GENIUS ❤😊❤

[@malysabido100]

Thanks Jerry, you are a flipping genious!!

[@RobinJiles]

Thanks Jerry. You’re a flipping genius

[@katiriaedwina]

Thanks Jerry you are a flipping❤❤❤ genius. ThAnk you.

[@CoachPKtrack]

Genius! Jerry helped me out with this one☝🏼

[@rogelioordonez777]

❤ thanks Gerardo you are a flipping genio! Thank you for helping us make it in this industry....God continue to bless the family & You ! ♥

[@veronicatoles]

Thank you, Jerry. This was very informative.

[@berhanek1978]

Estimating repairs has been a major STRUGGLE for me Jerry. This was very helpful. How are you factoring in the big ticket items (Roof, A/C, Electrical, Foundation, Plumbing) in this formula? It's another challenge i'm facing. If you can help me with this part as well, then i believe i can truly grow my business. Thanks Jerry

[@FlippingMastery]

Covered under “heavy”

[@deshawndixon5455]

Jerry you are a flipping genius‼️

[@TheREIstory]

Thanks Jerry! It would be cool if we could still edit the numbers in the tool though, still a great resource.

[@tarelljackson8132]

Thanks Jerry you are a flipping genius 🏆

[@duprosezzllc223]

Jerry, you are a flipping genius ❤

[@SFO2LAS]

Thanks Jerry you're a flipping genius

[@carolswanagan5050]

Thanks Jerry, you’re an Awesome Flipper.! ❤

[@Tmb_investments]

Jerry I love the videos. I was hoping you could point me in the right direction. How do you get properties under contract without seeing the property. Tips to do it for free without paying an inspector are much appreciated. Btw you’re a flipping genius!

[@maryshutt]

thanks Jerry, you're a flippin genius

[@DustinWhitmore-o3j]

Thanks Jerry. You’re a flipping genius. I joined the website. But I keep getting an error when trying to use the instant deal analyzer.

[@FlippingMastery]

My support team would be happy to help with that! Please reach out to them at: [e-mail] or [phone]

[@belaad]

Jerry, you’re a flipping genius!

[@ivantorres2711]

Jerry, you are a flipping genius... question... does your "Deal Analizer" tool automatically get updated regardless of software or only in Flipster..??

[@FlippingMastery]

Yes, we update it

[@Meye113]

Just wanna say. Your amazing and thank you !

[@successfulquotes01]

Thanks jerry..u are a flipping genius ❤

[@ediewebber3738]

thanks Jerry! Merry Christmas!

[@azwholesalerealty]

Your a flipping Genius Jerry!!

[@PharrishSolutions]

Thanks Jerry I appreciate you

[@icilahmb]

10 muy buenos Jerry..

[@donaldflax2009]

Thanks Jerry, u are a flipping genius

[@EdwardFrietze]

Thanks Jerry you are a Flippin Genius.

[@matthew8661]

i like price per sqft better tbh and jerrys numbers are good 15-20 for light 30 or more for average 60+ for gut it depends on the market ask your local investors or contractor friends

[@fallen3381]

thanks jerry you are flipping genius

[@ammaraslam4853]

Thanks jerry your a genius ❤

[@mcrellsandwich9885]

Thank jerry you flipping genius

[@fabianreid7368]

Jerry You’re The 🐐🐐

[@alexmmm1889]

Thanks Jerry!! You’re flipping genius!!!!!!!!!!

[@DaveonWilliams-b1n]

Thought I would have to get a contractor (which is necessary in any thriving business) but this video helped! Wish me best on first deal! Thank you & read the book! You’re awesome dude

[@Suree-f2o]

You are a flipping genius!

[@staytrippy2596]

Thanks Jerry!!

[@itzjoe8972]

Thenks Jerry you are a flipping genius. I am new to wholesaling and I want to ask if you by any chance jv?

[@FlippingMastery]

Check this out My10kcheck.com

[@davidmacgown321]

Jerry, I usually get 3 contractor bids during the due diligence period. Are you saying by using mydealanalyzer that eliminates the need for contractor bids if you intend to wholesale the house?

[@FlippingMastery]

It uses an algorithm based on level or rehab and sqft of the house. If you want exact rehab , you have to get contractor bids

[@KeandricGivens]

Hey Jerry, i would love to learn directly from you if you have classes.

[@FlippingMastery]

Fasttrackwithjerry.com

[@bluesash10]

Thanks, Jerry! Does this include interior design costs? You are flippling genius!!

[@JuniorAB09]

Thanks Jerry!

[@bsewell513]

Damn, I’m getting ready to put a property under contract at $95k and the ARV is $250k but it needs a full rehab at 1,316 sqft in Cincinnati Ohio. I’m scared because if the rehab is $80k then I have no deal. 🤦🏾‍♂️ I hope I can pull it off 🙏🏾

[@290Beam]

If it’s a gut you’re probably looking at 80k but if it’s just a full remodel, kitchen, bath, flooring more like 45-60k depending. You’re good brother. Just make sure the comp is solid 💪🏾

[@bsewell513]

@@290Beam appreciate that fam 🙏🏾💪🏾

[@masterclassmma]

@@290Beam Got a property at around 125k with an arv of 227k light to average rehab. Do you think it’s worth it ?

[@IvanAlta12]

Hey, Jerry youre videos help me so much to figuring out things to get started! But I had a question and was wondering if this is for the living space, or is this with the whole property lot?

[@deemoney6347]

I don’t think these prices would work for California 😅

[@mariohosea4782]

Thank Big G dawg 💪🏽

[@jhercules1275]

Amazing work brotha

[@cassiusclayreels]

Thanks, Jerry. You're a Flipping Jeezus at this point lol. Keep em coming 👌🏾

[@elpapiangel3264]

Hey Jerry amazing video and I have a quick and I hope you are able to answer it so I was using prop wire to skip trace numbers and when I try to call them or text them it says non wireless number what does that mean and what can I do to get around that ?

[@FlippingMastery]

It’s a landline number. Call it and see if it’s accurate

[@BushidoBrown117]

You're a flipping genius

[@alvinwitherspoon5960]

Hey Jerry, when you say you might get a house that falls between a light rehab and an average rehab then split the difference and you’ll be fine. So if I have a home with a sq ft below 1500 and it needs a light and average rehab then I subtract $45,000 - $20,000 and that’s the rehab cost?

[@gloryfulskip]

Hey Jerry, would say this information is still viable right now with the market as it is?

[@FaEverrBarnes]

Hi jerry, I was wondering how would I go about calculating the difference if the rehab is in between light and average?

[@bymilliebphotography8249]

never received the deal analyzer spreadsheet. tried 21X. bummer! 😒

[@FlippingMastery]

*Once you enter your email, it’s automatically emailed to you. If you don’t see it, check your junk/spam folder in case your email provider put it there...If you still don’t see it, my team can help you out. [e-mail]

[@RefinedMayweather]

I have an historic district home that needs a heavy rehab 2464 sqft mane it’s tuff in my market to get it gone 😮‍💨😮‍💨even with 30% of renovations cost rewarded as sellable tax credit

[@LucasSuarez-ke1ej]

Thank you

[@NestorMonasterio]

Jerry man your a flipping GENIE

[@quintonmcelroy5890]

What category does a new roof fall into??

[@jalaluddeenat-tabarithetim593]

I used the link and my deal analyzer doesn’t have the same one as yours it’s missing some stuff

[@FlippingMastery]

Working in fixing that

[@jalaluddeenat-tabarithetim593]

@@FlippingMastery Is it fixed yet mine still looks downgraded compared to yours

[@ElsaLaTorre-tu2lf]

Thanks! You are the best, oh yeah and genius! 😊

[@ziadsaid4474]

so how would we know when the materials got higher? .. the numbers gonna change of course

[@JaredW-z9c]

Do these include the outside of the house?

[@MatthewNislein]

Thank you for this!

[@BroadwayLTDProductions]

What about the cost to tear down and rebuild?

[@najhaewheeler]

How much extra does it cost to add on

[@FlippingMastery]

Depends

[@sergecaliz3705]

Will you ever make an App instead of Web based???

[@thejohnnaccarato]

Thanks Jerry! From, “I’m not Jerry Norton.” 😂

[@FlippingMastery]

😂😂😂

[@williedavirtualflipper]

Will these numbers be valid in New York the 5 borough.

[@Johndoe-qn9jr]

Hi is it possible to live in cyprus and fipping house in USA ? or do i need to pay tax in usa for the income i make in cyprus ? Thank You

[@prestondahl3442]

does the sf include basements?

[@FlippingMastery]

No

[@acquisitionsmanager1393]

3:24

[@obama7325]

how is paint and carpet 20g on a small house?

[@everythinghomekelly2618]

Jerry 🎉 YOU ARE A FLIPPING GENIUS 🤑😎💯🐉📱💵💰📝

[@400TY]

Thanks a lot man