Aaron Lynn Brown
My first Flip!
16 September 2024 | 22 replies
Would love to hear about some of the challenges you had, local contractors and suppliers you used, and see some more of the before/after.
David Ounanian
How Do I Manage Rising Construction Costs for Fix-and-Flip Projects?
13 September 2024 | 1 reply
Consider materials that are easier to install or have lower shipping costs to reduce overall expenses.Buy in Bulk: For investors handling multiple projects, purchasing materials in bulk or sourcing from wholesale suppliers can save money.
Hannah Goethel
Rental Home Rehab
11 September 2024 | 3 replies
Usually the GC will have suppliers or vendors they can coordinate with for the best deals.
William Pichardo
Need Advice: BRRR Strategy for 1st Time Buyer
12 September 2024 | 15 replies
Also, build relationships with local suppliers to negotiate bulk rates, and stay hands-on during rehabs to gain valuable experience.
Michael Schaffer
Gas Station Purchase - Newbie advice
8 September 2024 | 9 replies
If so, how long are you committed to buy gas from a particular supplier and at what rate?
Christian Licata
In need of some advice/guidance
2 September 2024 | 4 replies
Determine that you'll conclude your analysis by (some date), giving yourself time to get any estimates you need from contractors or suppliers for the rehab.
Tony Sherman
Delayed Projects Tips
30 August 2024 | 7 replies
If you're having issues with your GC or suppliers make sure you let the lender know.Also, there are some cases in which you might be having issues with the lender giving you draws for your mortgage, in which case I would advise to find a new lender so that you can move forward with the project more smoothly.Feel free to reach out if you have more questions.
Maria Cox
Tips on cutting costs?
28 August 2024 | 10 replies
However, you can expect to recover about 50-55% of your investment when selling the home.Another good option would be to consider converting attic space, finishing a basement, or repurposing a large living area to add a bedroom without expanding the home's footprint.Some other tips to help you save on materials while still creating an appealing finished product: buy in bulk, shop at discount stores and outlets, look for overstock, discontinued items, or slightly imperfect materials, attend auctions and Estate sales, incorporate reclaimed wood, vintage fixtures, or other salvaged items for a unique look at a lower cost, build relationships with suppliers...If you have any more questions or are looking for funding please feel free to reach out to us, we're a private lender.Regards,Jackson
Kristen Ray
Residental rehab materials
25 August 2024 | 12 replies
If my contractor has a favorite supplier or know where to get good prices I am happy to go with that.
Jon Klaus
How much do you pay for carpet?
25 August 2024 | 30 replies
Originally posted by Joel Owens:If you get 1 sq ft for carpet,pad,tack and strip,and labor install and it is Nylon you are getting one heck of a deal.Joel,Don't forget, you're less than an hour away from where the bulk of the carpet is made in this country (Dalton, GA).I buy from a supplier up there and pay between $3.50 and $3.99 per yard for 26-30 ounce nylon carpet.