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Updated about 14 years ago on . Most recent reply

User Stats

60
Posts
16
Votes
Mathew A.
  • Real Estate Investor
  • Jacksonville, FL
16
Votes |
60
Posts

Are these repair costs too much?

Mathew A.
  • Real Estate Investor
  • Jacksonville, FL
Posted

Repair 2 windows (replace the glass)
Install 4 vertical blinds
Install Smoke Alarms
Replace front/back door locks
Clean inside and outside of the house

Total estimate including labor and materials $1250.00

I want to get this property ready to rent out. (In Phoenix.) What do you think of the estimate?

Thanks.

Most Popular Reply

User Stats

1,083
Posts
483
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Mark N.A
  • Real Estate Investor
  • North Carolina
483
Votes |
1,083
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Mark N.A
  • Real Estate Investor
  • North Carolina
Replied

As a LL you're going to need dependable people to work for you, as well as a 2nd string and 3rd string to fall back on.

You say you got one referral, now get more. Other local LLs will often share names, as will back-counter guys at Lowe's, or maybe your regular plumber, real estate agent, and so forth.

It will cost nothing to call, introduce yourself and ask for a bid. The serious ones, looking to establish a relationship with you, should respond fairly, and you will get an idea of what a fair price is vs. getting gouged.

Here's the sad truth, though; sooner or later they will all retire or go crazy or move or find other jobs and you will be back to square one.

Happens to me every few years and the cycle starts again.

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