Rehab Costs in Charlotte

[Alex Medearis]

Hi Everyone,

Great to meet fellow Charlotte investors.  Thanks for helping make this such a valuable community!

I am in the midst of a rehab in Charlotte and am looking for guidance on finding contractors that can work within our budget and are used to working primarily with investors on mid-level value-adds or flips.  The estimates we've received so far have been a bit high relative to the numbers I have seen exchanged on here and elsewhere.  I'm wondering if I am looking in the wrong places, underestimated rehab costs, am working with contractors that are more geared towards high-end designs for existing homeowners or something else. Any tips would be much appreciated. 

Thanks so much!

[Christian Latimer]

I live in Noda, and have had a similar experience of seemingly high estimates/bids. There's so much demand for contractors here that I think a lot of them estimate really high knowing that they've got plenty of other options for work if you don't go with them. 

I've got a guy that can pave driveways and sidewalks and I have a flooring guy. I don't know of any contractors besides these two that I like enough to recommend. Hopefully you'll get some more helpful posts lol. 

Did you move from CA to NC, or are you doing long term investing here from CA?