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Updated almost 4 years ago,
rising building materials for flips or even rentals. how ?
how is everyone dealing with the rising material increases?
I'm new with my first rental and closing on a land deal, but the cost of material is rising every day. I need a flip to create capital, but there is no way to budget these days and I'm worried over budget for the resale. Im in NC and sales are boomimg , I just do not want to loose money by lack of bad math. So I'm frustrated that I'm not moving forward due to fear of the unknown in the numbers. Even my rental upgrades are jumping every day in any project I try to do, such as new windows.