What's Everyone Paying for Rehabbing and Flipping in Florida

What's Everyone Paying for Rehabbing and Flipping in Florida

Member since 2023 · 6 posts · 2 votes

I am coming across a lot of leads and deals and I would like to know what everyone is paying for rehabbing including materials and labor for a middle class 3/2 2,000 square foot house on average what are you spending in your area.

The bathrooms, roof, kitchen, rooms, pools, etc.

What kind of tips and tricks do you have to bring the costs down?

Thanks for the responses.

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Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
3y
Quote from @David Freudenberg:

I am coming across a lot of leads and deals and I would like to know what everyone is paying for rehabbing including materials and labor for a middle class 3/2 2,000 square foot house on average what are you spending in your area.

The bathrooms, roof, kitchen, rooms, pools, etc.

What kind of tips and tricks do you have to bring the costs down?

Thanks for the responses.

So you are coming across a lot of deals in Miami? HMMM.. I live in FL and am in, Miami every other weekend, what deals?  There is nothing, so would love to see what you call a deal. Also your question is impossible to answer, All due respect, you have all these deals but do no know the cost for reno ? 

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  • Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
    3y
    Quote from @David Freudenberg:

    I am coming across a lot of leads and deals and I would like to know what everyone is paying for rehabbing including materials and labor for a middle class 3/2 2,000 square foot house on average what are you spending in your area.

    The bathrooms, roof, kitchen, rooms, pools, etc.

    What kind of tips and tricks do you have to bring the costs down?

    Thanks for the responses.

    So you are coming across a lot of deals in Miami? HMMM.. I live in FL and am in, Miami every other weekend, what deals?  There is nothing, so would love to see what you call a deal. Also your question is impossible to answer, All due respect, you have all these deals but do no know the cost for reno ? 

  • Member since 2023 · 6 posts · 2 votes
    3y

    Wow you’re a complete jerk. I am writing up multiple entrance and exit strategies on a property in Miami RIGHT NOW. Yeah we get lots of leads and deals but I want to get more accurate rehab costs so we can make better offers. My offers are very conservative. 

  • Real Estate Agent · Fort Lauderdale, FL · Member since 2015 · 175 posts · 79 votes
    3y

    @David Freudenberg I’m flipping properties in Broward county. Send me a DM and I can give you a good idea of what it costs to flip here locally. 

  • Member since 2023 · 6 posts · 2 votes
    3y

    I sent you a DM. Thanks Adam!

  • Investor · Miami, FL · Member since 2016 · 199 posts · 65 votes
    3y
    Quote from @David Freudenberg:

    Wow you’re a complete jerk. I am writing up multiple entrance and exit strategies on a property in Miami RIGHT NOW. Yeah we get lots of leads and deals but I want to get more accurate rehab costs so we can make better offers. My offers are very conservative. 


     Hey I can give you pretty good insights I only do deals in dade and broward counties. 6 flips going on right now and 3 new builds. Follow my page on IG PropHunters_

  • Investor · Miami, FL · Member since 2016 · 199 posts · 65 votes
    3y
    Quote from @Bob S.:
    Quote from @David Freudenberg:

    I am coming across a lot of leads and deals and I would like to know what everyone is paying for rehabbing including materials and labor for a middle class 3/2 2,000 square foot house on average what are you spending in your area.

    The bathrooms, roof, kitchen, rooms, pools, etc.

    What kind of tips and tricks do you have to bring the costs down?

    Thanks for the responses.

    So you are coming across a lot of deals in Miami? HMMM.. I live in FL and am in, Miami every other weekend, what deals?  There is nothing, so would love to see what you call a deal. Also your question is impossible to answer, All due respect, you have all these deals but do no know the cost for reno ? 


     very easy to not know reno cost when that is not your main business. Also there are plenty of deals in South Florida 

  • Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
    3y
    Quote from @Branden Rivero:
    Quote from @Bob S.:
    Quote from @David Freudenberg:

    I am coming across a lot of leads and deals and I would like to know what everyone is paying for rehabbing including materials and labor for a middle class 3/2 2,000 square foot house on average what are you spending in your area.

    The bathrooms, roof, kitchen, rooms, pools, etc.

    What kind of tips and tricks do you have to bring the costs down?

    Thanks for the responses.

    So you are coming across a lot of deals in Miami? HMMM.. I live in FL and am in, Miami every other weekend, what deals?  There is nothing, so would love to see what you call a deal. Also your question is impossible to answer, All due respect, you have all these deals but do no know the cost for reno ? 


     very easy to not know reno cost when that is not your main business. Also there are plenty of deals in South Florida 


     Sure if this is not your main business then I get it. But how do you " have a lot of deals " if you do not even know the reno cost? How do you know it's a deal? Also, where, I live in FL and am in MIAMI every other weekend, crazy overpriced. 800- 900 a sq ft for little nothing of homes on main roads not even a garage. . I would love to see some of these deals, as I may buy them from you 

    thank you 

  • Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
    3y
    Quote from @David Freudenberg:

    Wow you’re a complete jerk. I am writing up multiple entrance and exit strategies on a property in Miami RIGHT NOW. Yeah we get lots of leads and deals but I want to get more accurate rehab costs so we can make better offers. My offers are very conservative. 


     You seem to be misunderstanding me, I am asking where are deals? All I see are little homes overpriced , 

  • Investor · Miami, FL · Member since 2016 · 199 posts · 65 votes
    3y
    Quote from @Bob S.:
    Quote from @Branden Rivero:
    Quote from @Bob S.:
    Quote from @David Freudenberg:

    I am coming across a lot of leads and deals and I would like to know what everyone is paying for rehabbing including materials and labor for a middle class 3/2 2,000 square foot house on average what are you spending in your area.

    The bathrooms, roof, kitchen, rooms, pools, etc.

    What kind of tips and tricks do you have to bring the costs down?

    Thanks for the responses.

    So you are coming across a lot of deals in Miami? HMMM.. I live in FL and am in, Miami every other weekend, what deals?  There is nothing, so would love to see what you call a deal. Also your question is impossible to answer, All due respect, you have all these deals but do no know the cost for reno ? 


     very easy to not know reno cost when that is not your main business. Also there are plenty of deals in South Florida 


     Sure if this is not your main business then I get it. But how do you " have a lot of deals " if you do not even know the reno cost? How do you know it's a deal? Also, where, I live in FL and am in MIAMI every other weekend, crazy overpriced. 800- 900 a sq ft for little nothing of homes on main roads not even a garage. . I would love to see some of these deals, as I may buy them from you 

    thank you 


     I agree but those homes are selling regardless 

  • Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
    3y
    Quote from @Branden Rivero:
    Quote from @Bob S.:
    Quote from @Branden Rivero:
    Quote from @Bob S.:
    Quote from @David Freudenberg:

    I am coming across a lot of leads and deals and I would like to know what everyone is paying for rehabbing including materials and labor for a middle class 3/2 2,000 square foot house on average what are you spending in your area.

    The bathrooms, roof, kitchen, rooms, pools, etc.

    What kind of tips and tricks do you have to bring the costs down?

    Thanks for the responses.

    So you are coming across a lot of deals in Miami? HMMM.. I live in FL and am in, Miami every other weekend, what deals?  There is nothing, so would love to see what you call a deal. Also your question is impossible to answer, All due respect, you have all these deals but do no know the cost for reno ? 


     very easy to not know reno cost when that is not your main business. Also there are plenty of deals in South Florida 


     Sure if this is not your main business then I get it. But how do you " have a lot of deals " if you do not even know the reno cost? How do you know it's a deal? Also, where, I live in FL and am in MIAMI every other weekend, crazy overpriced. 800- 900 a sq ft for little nothing of homes on main roads not even a garage. . I would love to see some of these deals, as I may buy them from you 

    thank you 


     I agree but those homes are selling regardless 


     this bubble can't last. I see 1500 sq ft homes on Bird rd in the GABELS selling for 1.5 mill ++ thats insane, there nothing of homes on a very busy rd, and not even a garage, the literally park on the lawn 

  • Member since 2023 · 6 posts · 2 votes
    3y

    I don't know renovation costs because I have been out of the game for a while. I am great at marketing and generating leads. I own an SEO agency and I generate our leads from Google across the entire state of Florida. I stopped focusing on my SEO agency to get serious about this business and build it up. This isn't my first rodeo I used to do this business 5 years ago and I have done deals and we are actively generating more and more leads direct from sellers every month that are resulting in deals. That is why I am asking to get accurate rehab costs. Our main focus is buying houses on terms and "subject to" and some of these homes are in disrepair. A lot of these deals we are selling on terms retail or to investors. There's a lot of leads and deals out there but you have to proven customer acquisition systems. 

  • Member since 2023 · 6 posts · 2 votes
    3y

    We are focused on acquiring properties that are in excellent shape in areas people want to live and we can pay full retail value because we acquire them on terms and sell them on terms. We have no personal liability in the deals we do because of how we set the deal up. That's why I can do deals without knowing renovation costs because I just need to be able to comp properties. However some of these properties need a little to significant repairs and that is why I am asking for renovation costs to get accurate numbers. If you are not going to help me then why are you wasting your time talking. You sound like you are all hat and no cattle.

  • Member since 2023 · 6 posts · 2 votes
    3y

    Branden I sent you a DM. Thanks.

  • Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
    3y
    Quote from @David Freudenberg:

    I don't know renovation costs because I have been out of the game for a while. I am great at marketing and generating leads. I own an SEO agency and I generate our leads from Google across the entire state of Florida. I stopped focusing on my SEO agency to get serious about this business and build it up. This isn't my first rodeo I used to do this business 5 years ago and I have done deals and we are actively generating more and more leads direct from sellers every month that are resulting in deals. That is why I am asking to get accurate rehab costs. Our main focus is buying houses on terms and "subject to" and some of these homes are in disrepair. A lot of these deals we are selling on terms retail or to investors. There's a lot of leads and deals out there but you have to proven customer acquisition systems. 


     Ok well if you come across a GREAT deal let me know, always open. the GABLES is insanely priced. Imagine spending 1.6 mill and there is a traffic jam in front of your house, and NO garage, you are parking on grass.  South Beach I will not touch, " they " ruined it .

    All the best

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