Posted by Bob in Indy on January 22, 2000 at 11:43:38:
My sons and I took Ron LeGrands Wholesale/Retail Bootcamp about a year ago. We spend time going to 6-8 homes that needed repairs and then after each home, we regrouped on our bus and compared notes. Within a few hours of doing this as a group, nearly everyone could estimate the cost of repairs within a few hundred dollars in a matter of minutes. Really!! In the beginning we all spent way too much time on insignificant details. We also were presented with a simple formula to convert our estimates into an After Repair Value, and a Maximum allowable offer. Ron sells this material in a workbook and in a 2-3 day bootcamp. You’d be surprised at how fast you can estimate the repair costs. Bathrooms, kitchens, carpeting, painting, roofs, etc. take virtually no time at all.