Real World Costs: Laminate VS. LVP(Luxury Vinyl Plank) on BRRRRRRRR VS. FLIP

[Paul Cionczyk]

Hi All,

  Trying to wrap my head around everyone's thoughts on using Laminate plank vs vinyl plank flooring in situations where there isn't a hardwood floor that could be refinished.  

1. Which do you prefer to use, and do you find one makes more sense than the other if you are Flipping instead of holding as rental?

2. Are there brands you have found to provide a good value and where are you finding the best prices?

3. What are you finding the install labor costs to be like per SF( I know it will vary by market and cost of living in your area).

4. How does that change based on your ARV pricepoint for your market?

Any insights and tips are appreciated :)