All Forum Posts by: Adrian Lemus

If you need a Contractor, please dont hesitate to reach out to me. 

I include A 10 year Structural Warranty on all my New Constructions and it actually attracts more buyers for the investors.

 Yes, Value will could go up but I advise you to check the comps in the area to see what will be your best route.

You could probably sell it for $50k max with plans and Title Insurance

But also keep in Mind that may bring up other problems, in my case if the investor brings another contractor to do a part of the job I usually pull my team out and don’t come back until they are done, Mainly because of Insurance issues and I don’t like myself or my guys walking into each other or tools being “Misplaced”

If they touch any of the work I’ve done, the warranty is also voided. There are other issues but these are usually the main issues. 

And I do have all that laid out on my Contract. 

 I agree 100%. 

I had an investor that I work with come talk to me about my costs and I told him I will play ball this one time and show him what he wants is not what he’s willing to pay for. I had two guys there the whole time during the Flip which everything took longer to get done. He didn’t want to pay my regular Tile guys so he went on Craigslist with my permission and got Tile guys there, AND LET ME TELL YOU, the job they did in those bathrooms were so top notch that I told the Investor that I will not bring my guys in to redo the bathrooms plus it will costs more because of the tear down and wished him luck. 

CHEAP is always more expensive at the END and If one of us Good contractors land on your lap don’t take us for granted as we take pride in our Work and our Word

As an investor and a contractor I say no one here has really looked into numbers, short and long run. I work with investors and always recommend New Constructions, reason being it’s a lot smoother and better at the long run for your pockets for Resale or renting.

I could flip a house for you but I can’t guarantee anything wont go wrong because you never know the history of the house which at the end it’ll cost you more. I usually charge between $40-50 a sqft for a complete rehab and this will usually take about 6-8 months to get done. 

New construction homes I can guarantee that you will have ALOT less problems than a Fix and Flip and you will be spending just as much or less then rehabbing a home in short and long term! What I charge my investors is “Cost plus 25%” and I always put a 10 year warranty on structural. 

Also my New Construction Homes do not take 18-24 months! Once permits approved I usually take 3-5 months to complete a build and down here you can make 15-20% more than selling a rehab. 

If it has to do with Real Estate I can send you info of my attorney

Congrats! If you would like another Bid please send me the info. 

Land Flipping is what I Love to do with my own money with New Construction SFR Homes.