Renovation Budgeting: Avoid Scope Creep & Project Cost Overruns #realestateinvesting #renovation

Before diving into a renovation, having a solid plan is key to avoiding scope creep—where projects expand unexpectedly, costs soar, and timelines stretch. Discover how to estimate rehab costs like a pro with Phil’s video, ensuring your scope of work is precise and your bids are accurate.

Even with careful planning, surprises happen. Set aside 20% as a contingency fund so you're prepared for unexpected expenses and can finish strong.

#houseflipping #realestatesuccess #fixandflip #propertyinvestment #realestate #mentor #smartinvesting #homerenovation #freedommentor #realestatetips

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