Episode #1328 Get $500 back on your appraisal at closing. Forbes named Express Capital Financing the #1 Hard Money Lender for the third year in a row, and they're crediting every borrower who submits a deal to celebrate. Offer ends August 31st: https://expresscapitalfinancing.com/biggerpockets A *real estate deal* may _look_ like a home run on paper, but you can’t know for certain until you’ve *walked the property and uncovered exactly what needs to be fixed!* *Budgeting for renovations* is one of the things that trips new investors up, which is why we’re bringing you a two-part series on *estimating rehab costs.* In part one, we’re taking a deep dive into the *“big five”—the five major home systems* that can *make or break your next investment.* We’re covering *everything from roof to foundation,* and even a bonus sixth system that’s _much_ more costly to replace than you probably think. These are the line items that strike fear into investors due to their *potentially high price tags.* But rather than passing on a great deal, you’ll learn exactly *what to look for when inspecting* these systems, *how much it costs to repair or replace them,* and when to bring in an expert. Whether you’re *flipping houses* or making improvements to *raise rents,* these are the tips and tricks you need to *accurately create your budget,* avoid expensive surprises, and *ensure you’re buying a great property—not a money pit!* Episode Show Notes: https://lnk.to/biggerpocketsYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media 🎉Join us at the BiggerPockets Conference October 2-4 in Orlando. Buy tickets: https://biggerpockets.com/bpcon2026 Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Grab _The Book on Estimating Rehab Costs_ : https://store.biggerpockets.com/products/the-book-on-estimating-rehab-costs?utm_source=owned_media Sign Up for the Investor Brief Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch How to Estimate Rehab Costs: https://www.biggerpockets.com/blog/how-to-estimate-rehab-costs?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Henry: https://www.biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro 02:27 System 1. Roofing 08:34 Bonus Item: Windows 10:08 Sponsor: Express Capital Financing! 11:48 System 2. Foundations 18:36 System 3. Plumbing 26:16 System 4. Electrical 31:13 System 5. HVAC 37:14 Get a Home Inspection!