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Updated about 5 years ago on . Most recent reply
Wildly different quotes on electric??!!
Hi BP world! I love real estate!! I have been investing for a little over a year and have two rentals and am currently doing my first flip. I have got 3 quotes on replacing the electric wiring on my 2100 sq ft 4 br 2 bath house in Oklahoma. It already has the 200 amp service breaker box. My question really revolves on the varying quote prices and if anyone has any advice or suggestions about the 3 quotes. The first quote came in 27k, the second was 23k and the 3rd was 13k. I was having a hard time finding electric contractors but managed to get three quotes after some time. The first two seem to be more of a commercial electric companies and the third I am really not sure what is the majority of there business. I will say the third definitely seemed more hungry and willing to work with some of the nuances of the house. Has anyone experienced this type of spread on quotes before. Any look outs I should be aware of? Thank you all in advance for listening to my first post. Super excited to hear your responses!
Brock Hoffman
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#2 Land & New Construction Contributor
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Originally posted by @Brock Hoffman:
Hi BP world! I love real estate!! I have been investing for a little over a year and have two rentals and am currently doing my first flip. I have got 3 quotes on replacing the electric wiring on my 2100 sq ft 4 br 2 bath house in Oklahoma. It already has the 200 amp service breaker box. My question really revolves on the varying quote prices and if anyone has any advice or suggestions about the 3 quotes. The first quote came in 27k, the second was 23k and the 3rd was 13k. I was having a hard time finding electric contractors but managed to get three quotes after some time. The first two seem to be more of a commercial electric companies and the third I am really not sure what is the majority of there business. I will say the third definitely seemed more hungry and willing to work with some of the nuances of the house. Has anyone experienced this type of spread on quotes before. Any look outs I should be aware of? Thank you all in advance for listening to my first post. Super excited to hear your responses!
Brock Hoffman
Did you get a detailed scope of work from each one so that she can compare the quotes to make sure everything is the same?