House Flipping Questions

[Kyle Rosseau]

I am a new real estate investor and new to bigger pockets. I am getting ready for my first flip and have a few questions for the BP community. Apologize if these have already been asked but I haven't been able to find them.

1) When interviewing possible contractors what questions should be asked? Is it possible to get an idea of their billing fees? I would like to weed out the good from the bad and have a couple teed up once I purchased.

2) Once a home is purchased and the remodel has begun how do you all know what colors to paint the walls, appliances to purchase, fixtures to purchase and general landscaping ideas. I am pretty creative but not in this way.

3) For the Bay Area residents are there any discount retailers you go to to purchase appliances/fixtures other than Home Depot? I have heard there are some retailers that sell paint, tile and other material at a discount due to excess supply?

Thanks,

Kyle. 

[Chaz Reid]

Welcome to Bigger Pockets @Kyle Rosseau ...

I agree with @Jessica S. and her koala bear lol. 

1. Open the yellow pages and call contractors and see who's done flips before. I personally like a contractor that gives me a break down on pricing of everything, its extremely professional and beneficial to your marketing for investors. They have to be on time, well early is a must too. If they get there late, they don't even need to get out of their car. 

2. Google gives you some great ideas, or you can hire someone to do that for you so you can worry about other things. Interior designers love blank canvas. 

3. I'm out of NC, so sorry.

But best of luck to you on your journey.