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Updated almost 9 years ago on . Most recent reply

User Stats

90
Posts
144
Votes
Maricela Chavez
  • Real Estate Agent
  • Tucker, GA
144
Votes |
90
Posts

Need to save money! Suggestions??

Maricela Chavez
  • Real Estate Agent
  • Tucker, GA
Posted
Closing on my second flip this week. Going to be adding about 400-600 sq ft. It needs a ton of work and upgrades. Purchasing for 60k, highest comp is about 160-170k. Any suggestions for saving money on materials etc? I have a team of workers so I sub a lot of the work out and I do all the design aspect myself. On my last house I felt like I over spent on just about everything. I didn't really have a budget. I just designed a house that I would want to live in. It paid off. I sold it FSBO within 30 days of listing it. This time I really need to save as much money as possible. Does anyone have better suggestions for places to buy tile, cabinets, etc?

Most Popular Reply

User Stats

153
Posts
105
Votes
Michell P.
  • Residential Real Estate Broker
  • Portland, OR
105
Votes |
153
Posts
Michell P.
  • Residential Real Estate Broker
  • Portland, OR
Replied

google your local wholesaler for items and sometimes you can find great deals.  Lilyanncabinets has good pricing and so does Ikea.  HDsupply has some good deals and if you learn your local homedepot you can find some great deals.  But if you hire it all out your contractors may have their preferred vendors.  

And you know if you go through the pro desk at home depot you can get discounts, I think if you spend over $2,500 a purchase.  

If you check out your craigslist you can often find interesting sales from contractors selling materials from jobs that have been cancelled.  

Goodluck!

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