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Updated over 5 years ago on . Most recent reply
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Rehab materials question
I just finished a successful flip and made out really well. One of the reasons I made out so well was I went to a lot of builders auctions. I was getting band new tubs for $1 (no lie I got 4 deep soaker tubs for $1 for all 4), engineered hardwood floors for $0.90 per linear foot, pallets of lights/ceiling fans for $175.00, 1000 linear foot of base moldings for $100.00. The list goes on and on.
That was great for flipping but tonight I am going to look at my first BRRRR and trying to come up with a rehab plan before buying. My question is, would it be worth it to put in higher end stuff because I can get it cheap or should I stick with more durable stuff like vinyl flooring? I assume by putting in high end finshings means I can ask for more rent but the house I am looking at is a MFH with 3 bed, 1 bath per unit (2 units) which likely means kids. I'm not sure it's worth changing out things like flooring even if I get a good deal on it.
Whats every ones thoughts on it?