Flipping in New Hampshire

[Mark Pemberton]

I’m trying to find out more information of the market for flipping and rehabbing properties in the Dover area. All the work I’ve had quoted on my personal property and rental have all come back with outrageous prices. It seems like the market is too good for manual labor trades right now and they can afford to through out crazy numbers for smaller jobs that they aren’t as interested in. I was wondering if anyone can give me any insight on using contractors for flipping in this region. The numbers I hear thrown around for rehab budget on the bigger pockets podcast seem really low compared to what I’ve seen. Are most people in this area doing the work themselves or is it just a matter of finding the right contractor?

[Steve McGovern]

@Mark Pemberton briefly,

1) you're between Boston and Portland.

2) yes, the economy is HOT.

3) It's summer. It is always harder to get a Contractor's attention in the middle of the summer.

4) even in the off season, you often have to wait months for the good ones.

5) try Thumbtack and Angie's List and... simila sites. At least there's some competition there.

All that said, what are you looking for? Plumbers? Electricians? GCs? Painting?