Thank you for saying the piece about don't waste contractor time. As a contractor who is always hustling for work to keep guys going, it hate it when people call me out without a clear plan, and just want to use my experience for more ideas and direction.

Please do more of these - educational & entertaining.

I agree about the French door where the window is in basement totally worth it

Excellent info & an example of full gut renovation costs! Thank you!💕

@jamildamji

Жыл бұрын

Glad it was helpful!

I cant wait to see the finished product. It will look amazing.

@jamildamji

Жыл бұрын

Same here bro! We'll have to do a pt. 3!

@bootlegsnackz

Жыл бұрын

Agree! Really want to see the finished product on this one, seems like some interesting changes.

I love this! It's very educational!

This video is awesome guys love it 🔥

Awesome content. Very helpful.

So what would other tiers of rehab be? 15-20 for paint,carpet & touch ups 30-35 for anything more then the first level? Love the video bro!

Great content and great sound quality too. Thx guys

@jamildamji

Жыл бұрын

Thank bobby two hands for that!

Like the volting idea

Thanks for the vid. Trying to get into this myself 👍

@jamildamji

Жыл бұрын

Glad this helped! Go for it!

Hell of a video, thanks fellas

@jamildamji

14 күн бұрын

Glad you enjoyed it! 🙏🏾

Love this

Good info thanks

@jamildamji

Жыл бұрын

Glad it was helpful!

helpful video!

@jamildamji

Жыл бұрын

Hi, this is Jamil's media team. Glad that you got value out of this video!

LOL when Jamil flashed his iPhone after Chris said his rehab cost 😆

Jamil, that was truly amazing! Can you tell me what the current average price per sqft for a full gut? Is it still $60 a foot?

About three hours ago I asked Jamil about this video bcuz I couldn't find it. He told me where to look and here it is. I am thankful bcuz it's the lesson I needed to see. I'm convinced that he's the fastest at comping a deal. Thanks Jamil for telling me where to find this ⭐

@jamildamji

Жыл бұрын

Hi, this is Jamil's media team. Glad that you got value out of this video!

Jamil that was awesome!!! What is the cost per square foot on a light rehab and the cost per square foot on a medium rehab?

Loved the video but I'm curious about a possible formula for average rehab or light rehab. I'll definitely use the $60 formula but was curious about easier rehabs?

@blkmgik

Ай бұрын

Light rehab (flooring & paint) $15 Average rehab (flooring, kitchen & bath) $30 (add 5k for mechanicals that need work or need to be replaced … water heater, hvac etc.)

I really love this and only 9 minutes and 59 seconds in

@jamildamji

Жыл бұрын

So glad!

What would be also the cost/sqft on a light & moderate rehab?

How would you come up with the magic number for a light and medium rehab if the number for a full gut is about $60 per sqft. Great video thanks!

@gustavomendoza1769

Жыл бұрын

I’m trying to figure that out as well

Jamil the MONSTER at guesstimations!

@jamildamji

Жыл бұрын

practice!!

I'm using this. Good stuff Pace and Jamil!! Would I use 30 bucks a sqft for light/medium rehabs???

@jeffburnett6425

Жыл бұрын

I just asked that same question.

Hello. Solid work. Is there a template or something that you offer with this information? I.E full gut, cosmetic, etc? Thanks for posting this!

@gustavomendoza1769

Жыл бұрын

I need a template too

$60 a sq ft?! What a deal… I’d be at least 100-110 here in SoCal. Sheesh! Is there an update video?!

@frankle246

Ай бұрын

100-110/sft, is labor cost or cost and materials? Thanks

This house is huge

Jamil you're really a genie lol great ass value.

How u come up with the the full gut number 60?

Jamil whats the price per sf for a standard reno in tampa..no bells and whistles

Great

@jamildamji

5 ай бұрын

Thanks for watching! 🤗

@frankle246

Ай бұрын

​@@jamildamjiHi Jamil, Thanks for doing this. $60/sft is just labor or with materials? Thank you.

I would not have known what the renovation number would be until the formula was given by Mr. Damji.

@jamildamji

Жыл бұрын

I got you bro

Jamil Is such a G

A year later lets see the final!!! I'm guessing in ATL this property goes at $425k.. Would love to see if im right

@thunderpaint5912

10 ай бұрын

As I typed he said "$700,000" price range lol

Jamil that estimate is in Georgia right, because we're at about $115 to $125 a sqft in upper Westchester NY not sure about the rest but may be more 🤷‍♂️

@jamildamji

Жыл бұрын

Georgia correct!

@griffincoyne6459

6 күн бұрын

@@jamildamjihey Jamil, any idea what the gut cost in Kansas City is right now?

How much do you estimate for light, medium and heavy renovation???

@Ima.burnout

Жыл бұрын

I suggest finding out costs on your own for kitchen (fridge, cabinets, sink, EVERYTHING) and just getting a estimation from that then when u find out those, do your research on costs by unit measurements. From that u can also compare to their full get remodel calculations 60 by square for house and basement half that.

@Ima.burnout

Жыл бұрын

gut*

@diogenesespinal8957

Жыл бұрын

@@Ima.burnout That works perfect, Thank you very much, I’m a real estate agent work in NY and CT and I’m starting to work for flipplers investors, that will help me get an accurate and more than close estimate. Thank you

Amazing. Love It! Jamil... Is your calculation applicable to properties located in L.A. County, California? Also, what would your estimated calculation adjustment be for 10K+ sq. ft. Mansions that would require nicer flooring, materials and appliances?

@dennisbaugher6788

Жыл бұрын

Cali contractors are going $250-350 a sqft

@jamildamji

Жыл бұрын

@@dennisbaugher6788 Thanks for helping out Dennis!

@talentekhuzwayo2705

Жыл бұрын

@@dennisbaugher6788 damn that’s hefty

I'm with Jamil

180k. Wow, 120 k for all that work? Not here in California. Let’s see the finished product, I’m sure it will be awesome.

@jamildamji

Жыл бұрын

Perks of flipping in ATL

Jamil did that ish fast!!!

175k

What would be the point of hiring an inspector? How do they help you calculate repairs

@ajctx

11 ай бұрын

Just speaking from having hired an inspector after doing a walkthrough, an inspector can find stuff that you normally wouldn’t find just doing a typical walkthrough, such as problems on the roof or in the attic, that you normally wouldn’t explore until doing the rehab.

Keyglee ATL estimate is $118,000

When you pray for rain, you gotta deal with the mud too.

How did you know to use “$60” a sf to calculate cost?

@jamildamji

Жыл бұрын

Hi! This is Jamil's media team. Thanks so much for watching the video and supporting Jamil's channel. Jamil Is very busy and may not have time to answer every question, but if you join the FREE Astroflipping FB group the Astro members would love to help you with an answer. facebook.com/groups/astroflippingpublic/

135k

I would say $154,000

My guess was exactly 125k crazy

190k

$125.55K!

so a $120,000 for pretty much 3,000 sq ft, that's only $48/sq ft. that's Incredible! That's a FULL rehab. I'd a guessed $150k-160k So whats the numbers on a rental house, around $35sq ft?

That ceiling reminds of silent hill

@jamildamji

Жыл бұрын

LOL

If only there was an app that could give you a cost per square. ft. that is based on a state. Maybe with AI it'll be possible way in the future.

HIRE AN INSPECTOR LIKE HE SAID! PUT US HOME INSPECTORS TO WORK, PLS. -RON THE INSPECTOR

It’s crazy how we’re able to create an image in our mind of how the house will look before it’s even finished

137,150.00

@jamildamji

4 ай бұрын

👍🏾

$115,000

I was at 140

$148,780.00

95k-115k

$155k

$60 a sqft Basement is half the first number ok x sqft

Im saying 95k

85 for a full gut.. 1,592 sq. ft. property.. 1,592 x 85= 135,320.. 1,000 sq. ft. basement x 1/2 of 85 i.e. 1,000 x 42.5= 42,500.. 135,320 upstairs + 42,500 downstairs= $177,750 in estimated repair costs...

I will say $139k

@jamildamji

Жыл бұрын

Hi, this is Jamil's media team! Thanks for watching and leaving a comment! Jamil appreciates it greatly!

I think the contractor charged you 165K