Rehab & Construction

Scoping work, managing contractors, and controlling costs.

5 terms

The detailed list of all renovation tasks, materials, and costs for a project.

Extra budget reserved for unexpected costs — typically 10-20% of rehab total.

Monthly costs of owning a property during renovation: interest, insurance, taxes, utilities.

A modification to the original scope of work — usually means more money and time.

Kaison's contractor quality metric based on job history, budget adherence, and timeliness.

Educational content only. Consult a CPA or attorney for advice specific to your situation.