Importance of a Detailed Scope of Work

Today’s REI Classroom Lesson

Kelly McDonald talks to us today about the importance of having a detailed scope of work for your rehab projects. Without the detailed scope of work, it’s going to be more difficult for your appraiser to account for all of the upgrades you’ve done to add value to the property.

REI Classroom Summary

The more detailed the better. In addition, it’s recommended to have blueprints and detailed scopes of work if you’re adding any square footage to the property. Make sure it’s clear what the space is going to be used for. See more at https://flipnerd.com/show/importance-detailed-scope-work/