All Forum Posts by: Tom Wood

When rehabbing a SFH that will be bought by a first time homebuyer, how frequently is granite used as a countertop instead of laminate? Also, what is the difference in price between the two?

I am most interested in the size of the floor that the tile will be put on and the relation of its size compared to the entire bathroom.

I was wondering what the size of a bathroom is in square feet of a typical SFH for a first time homebuyer. I ask that in order to know how much tile to buy to do the bathroom floor.

So wood or wood laminate for kitchen and 12x12 tile or 6x6 for bathroom?

What is the most common type of flooring for kitchens, hardwood or tile?  When using tile for bathroom and/or kitchens, what is the most common sized used, 6x6 or 12x12?

Wayne, can you give me examples of what labor charges would be using your examples?

Thanks

Tom

When putting together a budget to rehab a SFH, what % of that budget will be the labor cost when having a contractor do the work>

Also, what type of kitchen flooring is used most frequently when rehabbing kitchens and baths, tile or vynal and why?

When putting together a rehab budget for a fix and flip SFH, what % of that budget will be the labor costs if having a contractor do the work?

When a multi-unit rental is listed as a sub -type property, what does that mean?

Jacqueline,

If you are able to bring properties to me before they hit the MLS, that will be great as I am looking for a realtor who I can use to sell my fix and flips and who knows how to generate traffic to the Open Houses.

My plans are to have at least 1 fix and flip open house per month and then as I get bigger to have multiple Fix and flip homes available for resale every month. I am looking to build a team of people who will be able to put my system pretty much on auto pilot so my business and team know exactly how each person works so we can make money as a well oiled machine!