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Fix and Flip Rehab Estimating – Jerry Norton

Speaker: Jerry Norton | Runtime: 00:37:36
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Views: 1388
Speaker's bio:

Jerry Norton is an expert in wholesaling houses and rehabbing homes. Over the years, he has developed his own system of funding deals. So if financing and those forms of real estate investing interest you, you’re looking at the bio of the mentor you would want to learn from.

Holding a Bachelors Degree in Business, Jerry Norton initially operated a boring business with his brother. “Boring” had something to do with drilling. However, it took on another meaning for Jerry as he realized that he was getting nowhere despite his efforts year after year. The business has become literally “uninteresting.” Also a licensed real estate broker, he decided to try his luck in real estate investing.

This Michigan investor initially tried rental properties. Working with a real estate wholesaler for his first rentals, he discovered the potential of flipping houses. He knew real estate was the right path for him after earning $52,000 in his first month as a wholesaler.

He then transitioned to rehabbing homes. Today, he owns two real estate brokerages and closes approximately 50 deals every year, with each property averaging $25,000-$50,000 in net profit! Over the last three years alone, he has closed over 200 deals – wholesale and fix and flip.

Jerry Norton loves to teach other investors his techniques and systems for fixing and flipping residential properties. He has taught hundreds of investors in his hometown of Oakland County and many others from all over the country.

Married with 5 children, he enjoys boating, wakeboarding, and scuba diving when he’s not working. He also enjoys coaching his kids sports events, serving in his church, vacationing, and spending time with his family. 

 

The ultimate aim of this video, says Jerry Norton, is to teach investors how to make a rehab estimate within 15 minutes. If you haven’t done rehab estimating for your fix and flip business before, you better watch this video now. Listen attentively as this successful Michigan investor gives an in depth discussion on estimating windows, roof, driveway, and other parts of the house – using the estimates that he actually utilizes for his own business. Discover how he does a total bathroom rehab – everything new – for only $2,000 and why estimating cabinets is very tricky. How do you factor in odd jobs and miscellaneous items? What’s a good estimate for permit costs? How do you make a detailed rehab checklist? Jerry Norton will answer all those questions for you.

Tags: Fix And Flip,Rehabbing,Jerry Norton,Estimating,Rehab Estimate,Rehab Estimating

User Comments

  • 71785| Posted: September 5, 2012 05:50:34 PM

    How can we get the estimating rehab. cost sheets. Can we copy them or could you send them to us?

  • 68418| Posted: May 21, 2012 02:04:33 AM

    Do you have these sheets for sale?

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