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Updated about 5 years ago,

User Stats

473
Posts
230
Votes
Taylor Chiu
  • Real Estate Agent
  • Salt Lake City, UT
230
Votes |
473
Posts

Too much for flip labor costs?

Taylor Chiu
  • Real Estate Agent
  • Salt Lake City, UT
Posted

Hi everyone, I'm flipping a 1600 sq foot property and need some help evaluating a rehab bid. Here's the labor bid below. 

Keep in mind this is JUST for labor (no materials), and the property is dirty but just needs a relatively simple cosmetic rehab. This is a probably a B/B- neighbhorhood, so we aren't going to get too fancy with this one. (You should be able to click the image to enlarge it. Disregard the colors)

Most items here seem to be 50% too high IMO. What do you think? For reference, I included how many hours each item would take, assuming we are paying $35/hr to our contractor. If you have any opinions on rate as well, please let me know. Thanks!

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