If you want to be successful in this business long term, it's no different than any other business.

It's going to take time. It's going to take effort. It's going to take a little bit of money.

But if you say, hey, I'm willing to put in three or six or 12 months of hard work so that I can build a business that is scalable and that can grow and that can generate hundreds of thousands of dollars a year for me,

then in a year or two or three, you're going to have a business that is funding your life

and allowing you to live the lifestyle you want and to grow wealth and grow your net worth.

But you have to be willing to put in the effort.

Thank you. but you have to be willing to put in the effort. Welcome to the real estate and financial independence podcast.

My name is Chad Carson.

You can call me coach.

And this is a show all about investing in real estate, achieving financial independence,

and doing more of what matters. Whether you're a longtime listener or brand new, I'm very grateful to have you here

listening to the episode today. If you are new, we come out with an episode every Monday, so

be sure to hit that subscribe button on your favorite podcast player so you don't miss anything.

The title of today's episode is how to estimate

rehab costs for investment properties. I'm interviewing my friend Jay Scott, who I think is the

most qualified person to have this conversation with. He wrote the book on estimating rehab cost,

also the book on flipping houses. Both of those are bigger pockets books. So he's a fellow

bigger pockets author like I am. He's written another book on negotiating, how to negotiate

to buy properties. That's not the exact title, but it's about negotiating. And another one on

how the recession proof real estate, how economies change and how do you address your real

estate strategy. Really smart guy. He is the host of the

Bigger Pockets Business podcast. He and his wife, Carol, are. And just is one of those minds in the

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