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All Forum Posts by: Tom Majewski

Tom Majewski has started 1 posts and replied 4 times.

I'd say the answer is highly dependant on your particular rental market, the location/area, the type of rental you're renovating, and how you're pricing it AKA what kind of renters you're trying to attract.  If its an "executive rental," then obviously you'll want to splurge on higher end finishes overall.  However, if this will have frequent turnover, such as a college rental, higher end cabinets may also be preferable.  Instead of having to replace particleboard boxes every after every other tenant, it may make sense to use cabs that can take more of a beating.

I would be happy to make a suggestion, but such a post would be considered "self-promotion" and therefore a BP TOS violation. ;-)

Great question!  Following... 

Post: Crowd-Sourced Flipping: The House That Social Media Built

Tom MajewskiPosted
  • Minneapolis, MN
  • Posts 7
  • Votes 6

Thought some of you may find this interesting... 

A realtor and a contractor in Connecticut have teamed up to flip homes, and are finishing the houses based on crowd-sourced decisions. They present their social media followers with a series of curated options for a specific area of each house, and their channels vote to decide on a lot of the finishes of the home - paint colors, carpets, door knobs, light/lamps, kitchen layout, etc, etc.

The social media houses aren't especially lucrative, as they only do about 2 per year. They both have "regular" jobs in addition to this -- she sells houses, he fixes them. However, this experiment in crowd-sourcing has resulted in a sort of local semi-celebrity status, with numerous mentions in area magazines, blogs, and whatnot. Which, of course, then drives a lot of business to their regular gigs by way of earned media.

It's also been a super successful way to promote the flipped homes to potential buyers. I believe every house has had a contract on it before construction was finished, and the house was ever officially 'up for sale.'

Check them out here: