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Updated over 13 years ago on . Most recent reply

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Joel Owens
  • Real Estate Broker
  • Canton, GA
11,259
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Is this a good flooring price for rental rehab??

Joel Owens
  • Real Estate Broker
  • Canton, GA
ModeratorPosted

Lowe's is a running a deal that ends tomorrow.

Lowes flooring event

The prices seem really good.So my rentals on my apartment need new flooring to get rent ready.

I know I have to pay attention to the total cost.Example flooring is .68 a square foot but they want 2.00 a sq ft to install.

I was thinking if I got a Lowe's card I could save 10% to 20% on top of the sale price.I would have them install if rates were reasonable.

Thanks

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Loc R.
  • Note Investor
  • Pasadena, CA
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Loc R.
  • Note Investor
  • Pasadena, CA
Replied

Joel,

$2.00 a sq ft for install is pricey, IMO. $1 is about what I'd pay.

0.68 isn't bad. I'm sure Home Depot has a similar product. In either case, you can save a TON of money by buying discounted HD or Lowe's (HD is easier to find) gift cards/store credit off Craigslist (I normally pay 70% of face). In addition, you can buy 10% coupons for $1 off eBay (emailed to you immediately).

In addition, don't fall for the "limited time" offer of a "flooring event". I'm sure the prices aren't that great relative to everyday prices. These companies are typical corporate America: there's a sale for any and every reason.

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