All Forum Posts by: Tiffany Foy

We always include a refrigerator as we purchase all new kitchen appliances.  We have never provided a washer and dryer as I agree with the previous comments that most people come with their own.  

Thanks @Kevin M Finley.  I like your perspective on making the jump.  It is definitely a difficult decision, and I wish you luck!

My husband and I started our fix and flip business about two years ago. Although our pace has been somewhat slow to start, we have had great success. We are in the process of growing our business in order to start speeding up our renovations and (in theory) bring in more profits annually. My husband works for our business full time as the general contractor, while I have maintained my position with a great corporation who has been my employer for 15 years. I enjoy my job, it pays well, provides us with retirement and health benefits, as well as stability for our family. Although I am content where I am, I often find myself thinking more about working for our personal business. I really enjoy real estate and often find myself day dreaming about what it would take for me to quit this job and get into real estate full time. I have entertained the idea of getting my real estate license (so we could be saving money on our buys and sells) as well as helping take care of the odds and ends errands that eats into my husband’s time (running to stores for materials, fixtures, etc.). I am also not opposed to putting in some sweat equity into our flips, although I would not be happy doing this on a full time basis.

I know that there is no “right” answer to my question as there are so many factors to take into consideration, but I’m going to ask it anyway. My question is for those who may have previously been, or currently are in a similar situation. How did you decide for (or against) making that leap of faith to leave the corporate world and work for yourself? How did you research and evaluate those "costs" of leaving the corporate world, how did you find health insurance for you and your family, etc? 

Thank you for sharing your thoughts and opinions.

@Alex Popescu we are about to start work on a flip and looking to hire out the demo as well (my GC husband has previously done it himself). Can I ask what you settled on as a price?  Are you paying for the job or paying hourly?  Thanks 

Thanks @Steve S., this is something we’ve discussed as well. 

@Steve S., this is something we’ve discussed as well.

Great point @Will Barnard, thank you. We definitely need to make some connections on the financial side so we have the ability to grow more quickly. 

@David Short, thank you for the reply, great point!  Those are amazing numbers considering you don't have a GC.  Once we can raise some capital, we will be on the hunt for those qualified hourly workers. 

I second what @Account Closed said :). In all seriousness, I think white is a very safe color for kitchen cabinets.  It’s classic and won’t go out of style as quickly as other trends. I personally do not like an oak cabinet with very prominent grain, it feels very 80s to me.  Kitchens sell homes, so make sure it looks and feels updated. Goodluck. 

Thank you @Matt Stewart  I’m befinning to see a pattern here. 😀Now the challenge is finding those diamond in the rough contractors.