Here's a clean example BOQ table:Sample Bill of Quantities — Residential Renovation (200 sqm)#DescriptionUnitQtyUnit Cost (฿)Total (฿)1PRELIMINARIES 1.1Site setup & temporary facilitieslump sum125,00025,0001.2Waste disposal & skip hirelump sum115,00015,0002DEMOLITION 2.1Remove existing flooringsqm20015030,0002.2Remove partition wallssqm4030012,0002.3Strip out bathroom...
What Is a Bill of Quantities (BOQ) — And Why Every Renovation Project Needs One Whether you're flipping a property, managing a large-scale build, or simply renovating your home, one document can be the difference between a project that stays on budget and one that spirals out of control. That document is the Bill of Quantities — or BOQ. What Is a BOQ? A Bill of Quantities is a detailed, itemised...
The 70% Rule; It also counts for Renovation properties in the Pattaya area.If you've spent any time around real estate investors, you've probably heard it:"Just use the 70% Rule."But what does that actually mean?The FormulaMax Offer = (ARV × 70%) – Repair CostsYou should never pay more than 70% of the After Repair Value (ARV) — minus the estimated cost of repairs. The result is your maximum offer...
A hard tale. Personally i think only 30 % of all pre-owned houses sold, are sold via agents. Being one this gives a bit of a bleak overall income model. So, some of the larger agencies, and visionary individuals, will also compete with the ordinary buyer looking for a home in the secondary market, for good deals. We (as some others) in general; buy - strip - renovate - sell. Making this needed profit on...
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