All Forum Posts by: Matthew Paul

 @Pat Arneson Flippers want things cheap , fast , and good . You wont ever get all three . Quality contractors already have their plate full .  There is way better money working for a homeowner . 

When you flip , you make your money when you buy the property . 

I can tell you this , a rehab will take longer than you plan , and it will be over budget . Contractors are NOT there to work for less to make you money . There is no special discount for investors , flippers or landlords . A contractors overhead doesnt change neither does their profit margin . 

You will be tempted to go with the cheap guy , you may get lucky , odds are you wont . 

@Pat Arneson Before you buy anything , you better find a contractor you can trust .  The majority of the contractors out there dont want to work for flippers . If you dont have a contractor lined up before you buy anything , you will be waiting months before you can start work just looking for a contractor . 

As far as estimating costs , every house is different . There is no hard and fast method , besides experience . 

What we do for houses with heating oil , we measure the amount of oil in the tant ( There is a chart that tells yo how many inches equals gallons ) And the tenants pay that up front when they move in , the oil is now theirs . When they move out , I measure the tank again and will pay them for the oil in the tank . ( always at current prices ) . This way you never get stiffed . 

When a tenant moves out and oil prices are high they wont get the tank filled .

 I have the company name on 3 out of 4 work trucks . But not the one I drive .  Why ?  Because I park it at home and we cant have a business vehicle parked at home . And when I go camping pulling the trailer I would still be a commercial vehicle . I wont do the magnetic signs , because I have a newer Ford F 250 and its an aluminum body and magnets dont work .

Way too cheap , 

An electric dryer will run up the bill of that unit quickly , where a washing machine wont nearly as much . 

Dont ask us , ask your parents . 

Unless you caused AT&T to go on strike , tell them no .

If its a volunteer fire company you may be able to donate the house to them for the purpose of training and get a tax deduction . Now just realize it will STILL need to be demoed , they dont burn it to the ground , and demo guys hate dealing with burnt materials . 

In my area you have to strip the roof shingles at a minimum . 

Thats a rather dangerous job . The chimney is leaning a bit . @Sean Regan If you dont have much construction experience , I would leave it to the licensed , and Insured contractor . Ask yourself what could go wrong and who could get hurt ?