How To Calculate The Cost of Repairs on Any House - In Under 60 Seconds!

  Рет қаралды 276,353

Flipping Mastery TV

Flipping Mastery TV

5 жыл бұрын

When you’re talking to a motivated seller and you want to quickly get to a number so you know if you’re in the ballpark, I’m going to show you how to calculate the cost of repairs on any house in under 60 seconds.
ALL-IN-ONE HOUSE FLIPPING SOFTWARE
GetFlipster.com
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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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Пікірлер: 647
@FlippingMastery
@FlippingMastery 2 жыл бұрын
Update 2022 numbers - kzbin.info/www/bejne/iHW4m62tjtZ3jrs
@mariahenrique4672
@mariahenrique4672 Жыл бұрын
looking for this as I scroll BAM lol lol TY
@tarsocanto
@tarsocanto 5 ай бұрын
Please, where can I download the free profit calculator?
@wsstars
@wsstars 2 ай бұрын
Need to update this video every year or every other year 😅
@blessingsfromheaven8445
@blessingsfromheaven8445 3 жыл бұрын
I want to succeed in this so BAD I really appreciate this information!!!
@hugavet3049
@hugavet3049 5 жыл бұрын
I've been remodeling homes for 20 years and you are SOOO right! I use these same numbers to get a working budget with the homeowner.
@FlippingMastery
@FlippingMastery 5 жыл бұрын
+Bob K. That’s awesome. thx for the comment! Isn’t it funny, people spend hours and days calculating the rehab numbers when most the time it comes down to 3 different prices. Lol. Hey if you haven’t yet be sure to subscribe to my channel I’m releasing videos like every day!
@RogueMetaHere
@RogueMetaHere 4 жыл бұрын
how often do you make deals with wholesalers?
@zandrawilson6755
@zandrawilson6755 3 жыл бұрын
Howwww seriously please how is a under 1500 square ft house only paint & carpet 10k should be under 5k
@wan2217
@wan2217 3 жыл бұрын
Is that including the outside too ?
@isaacfrishberg4920
@isaacfrishberg4920 3 жыл бұрын
@@zandrawilson6755 probably bc i heard u should always throw in 5k just for random stuff
@Flaz1000
@Flaz1000 3 жыл бұрын
I’m watching this one in 2021 - this is probably one of your most underrated videos!
@Natesson
@Natesson 3 жыл бұрын
I just saw this one too. This video is top 5 of seen, period!
@bullsznnn
@bullsznnn 3 жыл бұрын
The best one I’ve seen help with ARVs!
@MzGaby2429
@MzGaby2429 3 жыл бұрын
Just saw it too , March 2021, very useful video 👌🏼
@waldeezee870
@waldeezee870 3 жыл бұрын
Same lol have you used the deal analyzer ? He said free so I’m making sure is it good 😂
@davidbryant2552
@davidbryant2552 2 жыл бұрын
Problem is it's probably doubled since then lol
@aledmondson4616
@aledmondson4616 3 жыл бұрын
Man, you cover everything I have been asking for at these So called RE seminars and REIA mtg. for years.. Seems like they just give you the bare minimum to get into every deal with you. Never sharing golden nuggets like this. Absolutely love this. Don't want analysis paralysis but I do want to feel like I am competent so as to not waste time and be effective towards getting deals. Thanks...
@stonesosmooth
@stonesosmooth 4 жыл бұрын
This video is what I needed to see in order to get me moving in the right direction! Thanks Jerry!
@kellybrooke9068
@kellybrooke9068 3 жыл бұрын
Thank you Jerry! I was reading your book and thought to myself “I need to read that over and over and OVER!” This video simplified it a lil more. You are a flipping genius!
@creolesoulqueen7622
@creolesoulqueen7622 3 жыл бұрын
I love the breakdown! Very simple & easy to use formula. Great job!🙌🏽
@Ken-keepingitreal-Sikes
@Ken-keepingitreal-Sikes 2 жыл бұрын
Jerry is the Fairy Real Estate Investors Father. Every time I think of a question here comes his video like magic. Can’t wait to purchase your program.
@desireemarie7262
@desireemarie7262 3 жыл бұрын
Tip : I put this onto a google spread sheet with a formula to automatically calculate the repairs based on the sq footage based on this video to make it even faster.
@FlippingMastery
@FlippingMastery 3 жыл бұрын
I have all the tools here check it out getflipster.com/
@donnyg5550
@donnyg5550 3 жыл бұрын
Hey Desiree, I'd love that spread sheet. Can you please send it to me bvillelove@yahoo.com
@sherosebeautifully
@sherosebeautifully 3 жыл бұрын
@desiree do you mind sending me the spread sheet as well adani0209@gmail.com TIA!🤗
@cloneswars2887
@cloneswars2887 3 жыл бұрын
Hey Desiree can you send me the spreadsheet thanks Clint24davis@gmail.com
@statefarmjake6585
@statefarmjake6585 3 жыл бұрын
Hey Desiree can you email this to me as well Davey.keif@yahoo.com
@ErikaMarie
@ErikaMarie 3 жыл бұрын
Omg I’m so glad I found this video. Thank you SO much. You can find just about anything on the internet in 100 different places but I have ONLY found this RIGHT HERE.
@javimarin.exprealty
@javimarin.exprealty 4 жыл бұрын
I have been following you for over a week. I have purchased the Flipster software, Premium membership. I can’t even begin to express how blown away I am with the information you deliver and how extraordinary flipster is. I am so excited about keep on learning from you. Thanks you, thanks you so much for all you do. Keep rocking!!!
@ronniepatino4789
@ronniepatino4789 5 жыл бұрын
I love you my boy you just made this rehab situation way less stressful, you truth!
@FlippingMastery
@FlippingMastery 5 жыл бұрын
+Dirty Dee 🙏👏👏
@14KrisDavis
@14KrisDavis 3 жыл бұрын
Planning on getting the ball rolling next year. I'm saving this video to my Playlist
@PupaNasT
@PupaNasT 4 жыл бұрын
Hip hip hooray! Exactly what I needed Jerry.
@keephusslintv4492
@keephusslintv4492 3 жыл бұрын
Man you are the flippin goat! I've learned so much watching your channel and I just subscribed 2 days ago! Thank you
@tier1solutions28
@tier1solutions28 3 жыл бұрын
I've only done 3 remodels myself, but probably 20 working for someone else. You nailed this. It's a great starting point to get you in a ballpark range. Obviously luxury real estate or places with extremely high property costs and highly regulated will have different numbers, but for the average home in America this is great. Well done.
@rurod08
@rurod08 3 жыл бұрын
Jerry you are the man!!! Thanks for being so open to share this valuable information.
@jamesholder5613
@jamesholder5613 3 жыл бұрын
This is EXTREMELY helpful!!! I’ve been wondering how to come up with this number, and now I know! Also, I definitely need to get Flipster!
@johnspeed972
@johnspeed972 2 жыл бұрын
Dude, you have no idea how helpful this is. This has been an issue for me since I do this remotely and this helps a lot. I may even look into FlipSter! 🤙
@FlippingMastery
@FlippingMastery 2 жыл бұрын
Here’s 2022 update - kzbin.info/www/bejne/iHW4m62tjtZ3jrs
@bigboydee24
@bigboydee24 3 жыл бұрын
Thank you for all the great videos thus far, I’m taking my 2hrs of free time watching these videos. I own my own detailing business I’m ready to give the reigns to my younger brother and jump into flipping/whole selling!
@bsewell513
@bsewell513 3 жыл бұрын
Bless you and your beautiful family. This is gold. Jerry you are a flipping GENIUS
@DmoDmo-mo5me
@DmoDmo-mo5me 3 жыл бұрын
I've watched lots of these videos and you my friend provide the best information by far, keep up the great work 💪
@mitcheljimenez4543
@mitcheljimenez4543 3 жыл бұрын
Thanks again, sir! Looking forward to the future
@thejamesmom
@thejamesmom 2 жыл бұрын
Thanks Jerry, you're a true inspiration and a Flipping Genius.
@SymoneWright
@SymoneWright 5 жыл бұрын
This helped me so much! Thank you!
@everardoanguiano7172
@everardoanguiano7172 3 жыл бұрын
Jerry, my guy, I've learned so much from this channel. Thanks!!
@Teo.23431
@Teo.23431 2 жыл бұрын
Dude I love how simple this was ! But so powerful thanks !
@cottondai
@cottondai 4 жыл бұрын
Amazing tip Jerry. I am so thankful.
@derekrussell7946
@derekrussell7946 5 жыл бұрын
This was very insightful thank you for this. Keep the videos coming.
@FlippingMastery
@FlippingMastery 5 жыл бұрын
+Derek Russell 👍👉💵
@danyelasakaubbee-thomas9634
@danyelasakaubbee-thomas9634 4 жыл бұрын
Thank you Jerry!! I am new to real estate flipping and am having trouble with the math and coming up with the offers that calculate the rehab into it correctly. You are so informative,, thank you for your time & effort for us newbies!!! Subscribed and will keep watching 🖤
@FlippingMastery
@FlippingMastery 4 жыл бұрын
+Danyela Radabaugh 🙏🙏
@jaditrazona6790
@jaditrazona6790 4 жыл бұрын
Okay so last week, while doing the following up with the old leads, crunching of numbers pops up my mind like I run the comps and I want to crunch the numbers too for my client to save time, and that I'm so lucky that even that question I wanted to ask my client how to crunch the numbers will be found here too. I've been following you since when I was hired as his VA but I didn't regret it becoz your videos have been so helpful to me. I'm interested in your software but if it will help my client to generate more business then I wouldn't mind subscribing to it. I've been investing some tools last year and this might be one of those I might be investing as well for this year. Will surely take a look for it! Thanks for being so generous in sharing this helpful info!
@christinejavied1046
@christinejavied1046 2 жыл бұрын
Soooooo HELPFUL!!! Thanks Jerry
@Marketplacere
@Marketplacere 2 жыл бұрын
Excellent advice and guidance! Thank you so much.
@GeorgeGreene904
@GeorgeGreene904 4 жыл бұрын
IAM new to this wholesale journey but I know this the right place to learn.
@GIOCASTILHOS
@GIOCASTILHOS 3 жыл бұрын
Omg! I was anxious about this, now you made my day 💚
@FlippingMastery
@FlippingMastery 3 жыл бұрын
Glad I could help!
@brakbraz85
@brakbraz85 4 жыл бұрын
Jerry This video is helpful I always struggle with rehab amounts. Thanks for breaking it down.👍🏾
@FlippingMastery
@FlippingMastery 4 жыл бұрын
🙏👊
@FlippingMastery
@FlippingMastery 3 жыл бұрын
Updated 2021 numbers: kzbin.info/www/bejne/bHXZpYqlp7aHm80
@Lrndthehardway
@Lrndthehardway 2 жыл бұрын
Would you say these updated numbers are still good 7 months later here now?
@KauaiDroneWRX
@KauaiDroneWRX 2 жыл бұрын
My wife and I are very excited to begin this journey on flipping houses and investing in realty. Your videos are inspirational. Diving into this by the end of this year. Thanks Jerry!
@BruhReally702
@BruhReally702 11 ай бұрын
How’s it going ? UPDATE
@aaronratliff1910
@aaronratliff1910 4 жыл бұрын
What’s up Jerry! These videos are awesome, I’m learning a lot!
@FlippingMastery
@FlippingMastery 4 жыл бұрын
Glad to hear it!
@SonOfBeaufort
@SonOfBeaufort 3 жыл бұрын
dude this was awesome man thanks much. definitely going to get flipster
@rufusdean-el8336
@rufusdean-el8336 4 жыл бұрын
Love it. What helped is the guestimation for repair costs. Turns out, I was spot on in my guestimation of repair costs for a 3/1 912 sq ft property built in 1960
@jeremyrichardson4518
@jeremyrichardson4518 4 жыл бұрын
What was your repair cost? I'm in the process of trying to get a 900 sqft home under contract
@Z_onepiece7
@Z_onepiece7 2 жыл бұрын
Jerry you add so much value!!! I love this break down 🙏… You are awesome!! 🤙🌻🌟🍀🌈
@cliftonhardy9802
@cliftonhardy9802 4 жыл бұрын
Thank you for that much needed info!
@Deegadsden
@Deegadsden 2 жыл бұрын
I absolutely love his videos. I just begun my journey on wholesaling and I am really glad that I came across his videos.
@cristophergreen4333
@cristophergreen4333 2 жыл бұрын
Hello I see your comment was 4 month ago. Have these number worked out for you still today? Thanks for any response.
@taylorlarson593
@taylorlarson593 Жыл бұрын
Awesome breakdown! Greatly appreciated.
@shubb91
@shubb91 4 жыл бұрын
This was awesome and helped me a great deal! I have an appt with a seller on Sunday and this helped me make sure I get my numbers right! Thank you for the awesome information!
@FlippingMastery
@FlippingMastery 4 жыл бұрын
Good luck!
@andrecoulter642
@andrecoulter642 2 жыл бұрын
Awesome video my friend. Very helpful! Thank You!
@apollobala480
@apollobala480 3 жыл бұрын
Thanks for the tip Jerry. You are appreciated.
@CLP0213
@CLP0213 3 жыл бұрын
Jerry get out of the way!!🙄I’m trying to take a screenshot of the board😂😂 just joking but thanks for helping us out man really appreciate the effort you put into all your videos!!!
@bullsznnn
@bullsznnn 3 жыл бұрын
😂😂😂 screen shot jerry your all in my pics in my photos 🤣
@twinvestormorgan4399
@twinvestormorgan4399 3 жыл бұрын
😆
@talawoods25
@talawoods25 2 жыл бұрын
Noooo SERIOUSLY......I thought the same thing😂😂😂😂😂
@Ken-keepingitreal-Sikes
@Ken-keepingitreal-Sikes 2 жыл бұрын
Lol I was thinking the samething
@MissTaviBaby
@MissTaviBaby 5 жыл бұрын
I am making my way through your videos and I am so grateful!!
@FlippingMastery
@FlippingMastery 5 жыл бұрын
+Truly Tavi 👍👉💵
@myalistjourney4742
@myalistjourney4742 Жыл бұрын
Watching in Summer 2023. Thanks Jerry!
@solomonking8229
@solomonking8229 Жыл бұрын
Thanks for these updates
@g.h.1726
@g.h.1726 5 жыл бұрын
My friend and I just did an 1100 sq ft house from the 1950's... Button board, chicken wire and plaster, found knob and tube in the attic... complete gut, stand out front, you could see the back yard.... changed from 2/1 to 3/2 without pushing out walls, just a realignment of stuff, just under $50K... You are quite accurate
@FlippingMastery
@FlippingMastery 5 жыл бұрын
+G. H. 👍👉💵
@levirivard1922
@levirivard1922 4 жыл бұрын
Video starts at 3:00
@dejaewilliams9550
@dejaewilliams9550 4 жыл бұрын
Thanks
@reneej8623
@reneej8623 3 жыл бұрын
Thank you so much!! I was about to click off. Unnecessary rambling...
@TheSolderingGuy007
@TheSolderingGuy007 3 жыл бұрын
Thanks a lot ! I dont understand why the guy had to spend 3 minutes on explaining the title.
@khall187
@khall187 3 жыл бұрын
Waaaaay too much rambling! Thumbs down before I even made it to 3:00
@jdsheleg8332
@jdsheleg8332 3 жыл бұрын
After the first 20 seconds, I went looking for this comment.
3 жыл бұрын
Great video. Very helpful.
@8thWonderr1
@8thWonderr1 3 жыл бұрын
Thanks! This is a life saver 🙌🏽
@kimcarolking
@kimcarolking Жыл бұрын
Jerry, thank you. You're amazing.
@rkadeye4270
@rkadeye4270 3 жыл бұрын
damn Jerry 😂 you have a video for everything! All the questions I have asked, you pop up! thank you for this!
@labreeb3333
@labreeb3333 4 жыл бұрын
omg extremely helpful! Thank you I needed this so bad.
@FlippingMastery
@FlippingMastery 4 жыл бұрын
🙏👊
@Vrsac113
@Vrsac113 3 жыл бұрын
Very helpful informations for newbie. Thank you
@scottw.6609
@scottw.6609 2 жыл бұрын
Thank you Jerry as Always for the Knowledge!**
@israfeelsagor6696
@israfeelsagor6696 2 жыл бұрын
Man you are actually awesome. So simple to understand 😍😍
@foreverrcocochenel
@foreverrcocochenel 6 ай бұрын
Amazing method. Game changer per usual.
@Entrepreneur.stanley
@Entrepreneur.stanley 4 жыл бұрын
Jerry you’re the man
@Gods.dopest.creation
@Gods.dopest.creation 2 жыл бұрын
Thank you so much!!!!!!!🥳🥳🥳🥳 & I definitely plan to getflipster
@ettenaejodeveca6707
@ettenaejodeveca6707 3 жыл бұрын
This is so great! Thank you. I never want to forget to thank you.
@FlippingMastery
@FlippingMastery 3 жыл бұрын
Here’s 2021 version - kzbin.info/www/bejne/bHXZpYqlp7aHm80
@SteadfastInvestments
@SteadfastInvestments 4 жыл бұрын
Jerry you're the absolute truth!
@itsyogurllatoya1044
@itsyogurllatoya1044 2 жыл бұрын
Jerry you’re a Flipping Genius…. Period!
@troydotson704
@troydotson704 4 жыл бұрын
Very Valuable info.
@odub9747
@odub9747 2 жыл бұрын
Awesome Information!
@HjCrawford
@HjCrawford 5 жыл бұрын
Love it! So helpful! Thank you!
@FlippingMastery
@FlippingMastery 5 жыл бұрын
+Jessie Smith thx! What was your biggest takeaway? Oh, be sure to subscribe if you haven’t yet. I’m releasing videos like everyday.
@josezacariazjr4123
@josezacariazjr4123 11 ай бұрын
Thank you !!!! You are the man!!! You made my day !!
@heist718
@heist718 4 жыл бұрын
This is perfect needed this can’t wait to see how accurate these numbers are
@carlosargueta4255
@carlosargueta4255 4 жыл бұрын
heist718 have you use it? Do u believe it’s accurate ?
@mumunorth9125
@mumunorth9125 2 жыл бұрын
Helped a lot!
@josecarlosgonzalezperez3239
@josecarlosgonzalezperez3239 Жыл бұрын
this is amazing thanks flipping mastery tv thanks jerry
@antmilli9449
@antmilli9449 3 жыл бұрын
This helped so much
@paulaperkins4059
@paulaperkins4059 3 жыл бұрын
Great DEMO - Thanks
@emiliomejia5331
@emiliomejia5331 3 жыл бұрын
This helps so much but so much. You need to have some numbers ready available because there’s no way you’re going to get a general contractor or anybody to every single property that you want to put an offer on. Thank you so much man I really appreciate this. I will be getting that flipsrer software because I’m a “doer” but I always like to test the waters before jumping in and I think the waters are just fine!
@FlippingMastery
@FlippingMastery 3 жыл бұрын
2021 updated numbers - kzbin.info/www/bejne/bHXZpYqlp7aHm80
@wasupsquare
@wasupsquare 2 жыл бұрын
Awesome video! You blocked the board the entire time! LOL! THanks for posting!
@MsBari1025
@MsBari1025 3 жыл бұрын
THIS IS AWESOME!
@ladyrevmarthaboatengministry
@ladyrevmarthaboatengministry 4 жыл бұрын
Jerry Thank you so much
@tgmail6744
@tgmail6744 3 жыл бұрын
Great breakdown.
@mattysithole7554
@mattysithole7554 3 жыл бұрын
Thanks Jerry!!
@eaj2900
@eaj2900 2 жыл бұрын
So happy I found this, shopping for a home in this current inflated market has been a headache so we’ve decided to look for homes priced under market in need of rehab
@FlippingMastery
@FlippingMastery 2 жыл бұрын
2022 updated numbers - kzbin.info/www/bejne/iHW4m62tjtZ3jrs
@alwayswell6119
@alwayswell6119 2 жыл бұрын
Thank you Jerry 💐🌹🌸
@justcallmebrian793
@justcallmebrian793 4 жыл бұрын
The most helpful was the estimation of the repairs by square footage, which as a newbie did not have a clue in regards to estimates.
@misslaing73
@misslaing73 5 жыл бұрын
This is great! Especially for newbies! Thank you
@FlippingMastery
@FlippingMastery 5 жыл бұрын
+Alicia Laing awesome!
@marlonclementson4713
@marlonclementson4713 4 жыл бұрын
Thank you Jerry
@nickgreen1095
@nickgreen1095 3 жыл бұрын
Jerry you're a flipping genius 💯
@marcmontana
@marcmontana 4 жыл бұрын
Thanks Jerry. Those numbers are a little low but this video is extremely helpful thank yku
@elizabethp4148
@elizabethp4148 4 жыл бұрын
New subscriber!! You are awesome Thank You 😊
@tchesstc
@tchesstc 2 жыл бұрын
Great video...Just getting started. Based on these figures is labor included. Thanks
@asiahobson6119
@asiahobson6119 6 ай бұрын
Thank you so much!!
@Jollofpappi
@Jollofpappi 2 жыл бұрын
Spectacular flipping master
@JLizzle38
@JLizzle38 5 жыл бұрын
THIS VIDEO RESONATED THROUGHOUT EVERY ATOM IN MY BODY AND ENHANCED THE VIBRATIONS! The slogan, "If you believe in it, then fight for it" also resonates real "heavy" with me. Lol! (Pun-intended) THANK YOU FOR YOUR GENEROSITY IN SPREADING THIS KNOWLEDGE!
@FlippingMastery
@FlippingMastery 5 жыл бұрын
+Justin Lee Awesome! This does the math for you instantdealanalyzer.com
@zackaryparson3634
@zackaryparson3634 3 жыл бұрын
My favorite part @2:46 crossing them T's and dotting them i's! lol Thank you for the value Jerry!
@regjasper2784
@regjasper2784 5 жыл бұрын
Thanks for the content.
@FlippingMastery
@FlippingMastery 5 жыл бұрын
thx! What was your big take-away? Oh and be sure to subscribe to my channel if you haven't yet. I'm releasing videos daily.
@christinetong5037
@christinetong5037 3 жыл бұрын
you were SPOT ON
@martinedwards7607
@martinedwards7607 Жыл бұрын
Jerry, you're a flipping genius 👏🏾
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