For example, an experienced general contractor who does significant remodels of nicer homes might choose to go into house flipping because their practical experience is directly applicable.

A recent article in the Remodeling Magazine (a publication for professional contractors) made the case that if you don't mark up your subs by 40% you might loose money as a GC.

Full disclosure, I recently started coaching rehab for them since I have 20 years experience in remodel and design.

I have to pay $500 to get an appraisal but ill do that after I remodel and add a bathroom and install new AC.What is your current interest rate?

I'd remodel and sell this property as a flip and net 15-25% ROI today, rather than wait 5 years to make a little more.

. $230k - I believe $5000 out of pocket, seller paid closing costs etc.January - Today > Remodeled Unit 2, 3 & 4 New Flooring, Kitchen, Bathroom, Tiled Showers, ETC.Today > Resigned Unit 1.

You remodeled it at some point and added a new roof and HVAC system and that was all in for 50k.

Hello, I’m have plans to remodel the basement in my house and rent it out. but before making any major renovations, I thought it would be a good idea to ask in here if anyone in the Cobb county area in GA has done this before?

I have a house in Conroe Texas I am selling and in contract for 190,000 with multiple offers and the appraiser came in at 168,000 using comps from 1973 (Subject is built in 1999) and the comps need a complete remodel as mine was remodeled 5 years ago.

The house is used as an STR (we just went live) - built in 1928, remodeled with addition in 2018.