General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago,
Saving Money During Apartment Remodel (50 units +)
Hi BP,
My team and I are remodeling a 92 unit in San Antonio. I wanted to reach out to see if anyone has any creative ways to cut costs when buying materials for the units.
A lot of times we go through home depot, or we have our PM handle it. Our current property manager has their own sister company that sells materials, and we've been going through them. The prices are fair, but they are bland and the quality is decent at best (see part of catalog below).
For example I can get a modern style kitchen faucet with matte black finish off of Amazon, with very positive reviews, and have it cost $45. Over 100 units, that would be saving $3,000 for a better looking finish.
When dealing with large quantities of flooring or other material, I've heard of owners potentially going directly to suppliers/warehouses.
Has anyone had any success in creatively sourcing materials for larger remodel projects?
Connor