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VREP #319 | 10 Super Tips for Renovation Projects

Vancouver Real Estate Podcast

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What's the Back of the Napkin Numbers?

You look at a deal without factoring in any appreciation. What are some of the costs you're factoring in? And how does that look on, say, a 600 sqore foot one bed? K, so i think it depends, cause i've got like, a price per square foot, kind of one bed, two bed renovation cost that i use to work out with my contractor. So what i look at is the purchase price, what i'm planning on on paying for the property, if i can get it. I'm adding clo trost ortaa ofs, lawyer fees, exactly. At the end of the day, then i have to make the profit,

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