Knowledge topic · 20 approved guides
Plan Rehabs
Scopes of work, rehab strategy, budgets, specifications, and finish choices before the job starts.
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Guides about plan rehabs
01 Assessing the Property: The 4-Part Scope of Work Framework Ross organizes a flip scope into four parts before work begins: safety and liability, stopping active damage, the neighborhood baseline, and the Big Three. 02 Before and After of a Trashed Home: What We Fixed and Why A walkthrough of a trashed off-market house, its hillside water problem, and the renovation work completed for under $70,000. 03 Budgets: Financial Contingency, The Juice, and How the Jobs Menu Actually Works Set a rehab budget you can manage against, add at least 10% contingency, and use bids to test the assumptions behind each job. 04 Build a Scope of Work with No Experience A free deal-analysis app that gives you a rehab budget in minutes so you can figure out what to pay for a house before a contractor ever walks it. 05 Building a Scope of Work for House Flips and BRRRs Three steps to building a scope of work that maximizes ROI: safety first, stop the bleeding, then hit the baseline, not the ceiling. 06 Evan & Keith Renovate a 70's House: What HGTV Shows Get Wrong About Flipping Ross contrasts HGTV's displayed math with the costs a flipper faces after paying labor and fees on the featured rehab. 07 Expert House Flipper Reacts to HGTV: What the Show Leaves Out Reaction breakdown of an HGTV flip: why the displayed numbers are incomplete, which costs are omitted, and what's real about buying ugly houses. 08 HGTV's Negative Influence on New Home Investors Why I favor rational buys, consistent finishes, price centering, and repeatable base hits over made-for-TV renovation swings. 09 I Found a Better Way to Flip Houses The gorilla house flipping method uses ten rules to stack controlled wins, protect the downside, and favor base hits over home-run swings. 10 Is This House Even Flippable? A Walkthrough That Killed the Flip A deeper post-purchase walkthrough changed the estimated rehab and led Ross to propose a wholetail instead of completing the flip. 11 The 7 House Flip Strategies Every Pro Uses Ross expands HGTV's two common flip strategies into seven approaches that give an investor more ways to assess houses on the same block. 12 Recalibrating After a Blown Rehab Budget on This Flip A real flip went over budget in phase two, yet the strong purchase and neighborhood comps still supported the planned finish level. 13 HGTV Reaction: The Real Math Behind Remodeling a $4,000 House Ross uses an HGTV four-thousand-dollar-house renovation to examine investor math, over-renovation, and why a simpler finish can sell. 14 Scope of Work From First Look to Active Project Build a house-flip scope in stages, then keep it current as better facts, bids, audibles, and change orders reshape the project. 15 A Six-Checkpoint Scope of Work Framework Ross's six-checkpoint framework for organizing and pricing the jobs in a flip or rental renovation scope. 16 SMART SOWs: The 7 Flip Types, the 3 Mistakes, and How to Build a Budget Fast Before you build a scope of work, identify the flip type and avoid the three scope traps Ross calls The Mirage, the HGTV Dilemma, and Give a Mouse a Cookie. 17 This Renovated $15K House Sells for 600% Profit: Expert Reacts Ross reviews a $15,000 purchase and $90,000 sale, then counts the capital, labor, sale costs, and time hidden by the headline profit. 18 Trying to Save This Flip Failure A $44,000 overrun in phases one and two creates three choices and shows why Ross carries a 20% financial contingency on older houses. 19 Should You Put a Washer/Dryer in a Flip or Rental? Ross explains why he almost never supplies a washer and dryer in flips or rentals and describes the narrow case where he might. 20 Why Most House Flippers Don't Make Money (and Think They Are) Why reported flip profit can shrink after hidden costs, contractor opportunity cost, market premiums, and side-business income are separated.