NEW! BP Podcast 019: Starting Out Tips, Short Sales, and Working with Virtual Assistants w/ Tracy Royce

Hide this

People to Know

 

From the BiggerPockets Blog

 BiggerPockets Blog »

Jump to Forum View All

Click a category below to view different forum categories.

BiggerPockets

General Info

BiggerPockets Q&A, Site Questions, & Announcements

1143 topics, 10715 posts — Last Post 05/23/13, 09:45PM

BiggerPockets Exclusive PRO Area

31 topics, 223 posts — Last Post 05/23/13, 07:55AM

New Member Introductions

6170 topics, 40323 posts — Last Post 05/23/13, 08:57PM

Real Estate Success Stories

214 topics, 2942 posts — Last Post 05/23/13, 03:22PM

BiggerPockets Real Estate Investing Summit

95 topics, 1723 posts — Last Post 05/16/13, 06:39PM

General Real Estate

General Real Estate

Buying & Selling Real Estate

2814 topics, 23142 posts — Last Post 05/23/13, 09:58PM

Renters

305 topics, 2632 posts — Last Post 05/23/13, 08:52PM

Get Foreclosure Help - Help Stop Foreclosure Forum

264 topics, 2099 posts — Last Post 05/23/13, 03:04PM

Home Owner Association (HOA) Issues & Problems Forum

159 topics, 1073 posts — Last Post 05/23/13, 03:42PM

Do it Yourself

403 topics, 3664 posts — Last Post 05/23/13, 05:11AM

Reviews & Feedback

Real Estate Deal Analysis and Advice

2147 topics, 16710 posts — Last Post 05/23/13, 01:00PM

Real Estate Guru, Book & Course Reviews and Discussions

866 topics, 8551 posts — Last Post 05/23/13, 09:09AM

Ask About A Real Estate Company

537 topics, 5562 posts — Last Post 05/23/13, 06:34AM

Real Estate Investing

Real Estate Strategies

Wholesaling

3756 topics, 29879 posts — Last Post 05/23/13, 08:48PM

Rehabbing and House Flipping

2385 topics, 22287 posts — Last Post 05/23/13, 09:27PM

Real Estate Development & New Home Construction

394 topics, 2891 posts — Last Post 05/23/13, 04:02PM

Innovative Strategies

519 topics, 4166 posts — Last Post 05/23/13, 02:01PM

Tax Liens, Notes, Paper, & Cash Flows Discussion

581 topics, 4223 posts — Last Post 05/23/13, 10:00PM

Rent to Own a.k.a. Lease Purchase, Lease Options

471 topics, 3250 posts — Last Post 05/22/13, 01:18PM

1031 Exchanges

86 topics, 592 posts — Last Post 05/23/13, 11:45AM

Foreclosure Investing

General Foreclosure & Pre-Foreclosure Forums

1363 topics, 8931 posts — Last Post 05/23/13, 03:05PM

HUD, VA, and Tax Sales

272 topics, 1733 posts — Last Post 05/23/13, 04:57PM

REOs

1057 topics, 9231 posts — Last Post 05/23/13, 07:26PM

Short Sales

1386 topics, 11836 posts — Last Post 05/23/13, 04:05PM

Landlord & Tenant Forums

Landlord & Rental Property Questions

4770 topics, 44759 posts — Last Post 05/23/13, 09:46PM

Mobile Homes & Mobile Home Park Investing

488 topics, 3832 posts — Last Post 05/23/13, 11:56AM

Investor Basics

Starting Out

5336 topics, 41463 posts — Last Post 05/23/13, 08:09PM

Investor Psychology

338 topics, 4964 posts — Last Post 05/19/13, 12:10PM

General Real Estate Investing

3557 topics, 27188 posts — Last Post 05/23/13, 08:44PM

Real Estate Investor Marketing

1173 topics, 9462 posts — Last Post 05/23/13, 08:26PM

Commercial Real Estate

Commercial Real Estate Investing Forum

1135 topics, 7112 posts — Last Post 05/23/13, 09:34PM

Multi-Family and Apartment Investing

539 topics, 4674 posts — Last Post 05/23/13, 08:45PM

The Business of Real Estate

Real Estate Technology and the Internet

Real Estate Technology, Social Media & Blogging

457 topics, 3797 posts — Last Post 05/23/13, 05:15PM

Business Basics

Goals, Business Plans & Entities

555 topics, 5218 posts — Last Post 05/21/13, 09:23AM

Real Estate Finance & Legal

Financial, Tax, and Legal

Tax, Legal Issues, Contracts, Self-Directed IRA

1982 topics, 14008 posts — Last Post 05/23/13, 08:18PM

Credit & Credit Repair

222 topics, 1802 posts — Last Post 04/22/13, 10:00AM

Property Insurance

208 topics, 1336 posts — Last Post 05/22/13, 01:52PM

Bankruptcy

25 topics, 138 posts — Last Post 03/22/13, 08:22PM

Loans, Mortgages, Credit Lines

Private & Conventional Lending Discussion

1851 topics, 12498 posts — Last Post 05/23/13, 09:08PM

Creative Real Estate Financing

841 topics, 5942 posts — Last Post 05/23/13, 09:42AM

Real Estate Professionals

Real Estate Professionals

Real Estate Agents

792 topics, 5003 posts — Last Post 05/23/13, 07:00PM

Bankers, Lenders, and Mortgage Brokers

374 topics, 1501 posts — Last Post 05/21/13, 10:18AM

Contractors

155 topics, 868 posts — Last Post 05/21/13, 02:39PM

Local Real Estate

Local Real Estate

Local Real Estate Networking & Recommendations

941 topics, 5400 posts — Last Post 05/23/13, 08:03PM

Americans & International Real Estate

149 topics, 540 posts — Last Post 05/17/13, 03:21PM

Foreigners Buying in the USA

47 topics, 296 posts — Last Post 05/13/13, 09:15AM

Canadian Real Estate

33 topics, 155 posts — Last Post 04/28/13, 07:59AM

Marketplace

Real Estate Marketplace

Real Estate Marketplace

11600 topics, 44736 posts — Last Post 05/23/13, 04:28PM

Off-Topic

Off Topic

Off-Topic

2575 topics, 30355 posts — Last Post 05/23/13, 09:19PM

Housing News & Real Estate Market

761 topics, 7197 posts — Last Post 05/23/13, 01:54PM

BiggerPockets Resources

Forums » Rehabbing and House Flipping » How To Get A Discount At Home Depot Or Lowes...?

How To Get A Discount At Home Depot Or Lowes...?

35 posts by 25 users

Signup

This topic has been locked by an administrator.

Real Estate Investor · Bay Area, California


A while back, I read that you can get a 15% or so discount at Lowe's if you go talk to someone at a particular desk at the store.

Anyone know what I'm talking about?


Real Estate Investor


Talk to commercial services desk.

Often they have a minimum order size for the discount, but if they get to know you sometime you can get the discount on everything, except tools. I could never get it on tools...


Real Estate Investor · Atlanta, Georgia


At Home Depot, if you spend a minimum of $5000 (though they'll do smaller amounts if they know you), you can go to the contractor desk, submit your order to them, they'll submit the order to corporate for a price quote, and a few hours later you'll be offered a price somewhere around 8-12% below retail for that particular order.

From there, you can negotiate further (I never accept less than 12% and have gotten it down to 17% off). Generally, the discount will be dependent on the actual stuff you purchase -- higher margin items will get better discounts than lower margin items.

Small_lishproplogoJ Scott, Lish Properties, LLC
E-Mail: j@123flip.com
Telephone: 770-906-6358
Website: http://www.123flip.com
FOLLOW ME ON FACEBOOK: http://www.facebook.com/123FlipRealEstate


Real Estate Investor · Springfield, Missouri


I prefer Lowes, I have pumped hundreds of thosuands through that store and don't let them forget it! LOL I can now just go to the store manager on duty and say "hey, I need a little better price on this" last item was a gas fireplace with screen for 200!

You can ask for a discount...better, IMO to say a better price any time. You can certainly ask at any store and sometimes you get it, but not if you don't ask! Good luck.


SFR Investor · Orange County, California


When we painted a house last year, the paint guy at Home Depot told us to take our 5-gallon buckets to the contractor's desk and ring them up there for a 10% discount or so.


Real Estate Investor · Atlanta, Georgia


Also keep in mind that Lowes and HD generally accept each other's coupons...so, if you have a 10% off coupon for one, you can generally use it at either.

Here is where you can get the coupons:

http://www.homedepotmoving.com/signup/registration.aspx (sign up and they'll send you one)

http://www.lowes.com/cd_Coupon+Registration_253641591_

Small_lishproplogoJ Scott, Lish Properties, LLC
E-Mail: j@123flip.com
Telephone: 770-906-6358
Website: http://www.123flip.com
FOLLOW ME ON FACEBOOK: http://www.facebook.com/123FlipRealEstate


Real Estate Investor · Springfield, Missouri


Originally posted by J Scott:
Also keep in mind that Lowes and HD generally accept each other's coupons...so, if you have a 10% off coupon for one, you can generally use it at either.

Here is where you can get the coupons:

http://www.homedepotmoving.com/signup/registration.aspx (sign up and they'll send you one)

http://www.lowes.com/cd_Coupon+Registration_253641591_

Yes, sometimes and probably in some places.....recently we went to Lowes with a coupon for whatever and it was no big deal, went to the service desk and saw it was a HD coupon, not lowes, started to head out the door and ask if they would accept it.....no, because it was not the exact same item.

I'm not a coupon clipper, but I would sure use one if it's what I need...one reason I'm not big on them is that there is alot of scamming done.....Best Buy and WalMart are real good about this. A HP computer, exact stuff on it, model 12345, the other store has the same computer, but modle 56789, so they are not exact and won't accept them. They don't say that the only stores in the world that have model 56789 are Wal marts since they buy by the train load! They are tricky!

So, at Lowes, that was what the gal at the service desk was giving me, I don't persue things like that because I really don't want to take it up with the "manager".

I guess it's when you go in, who you ask and if the products are similar or exact and what the local deals might be.

Good post Jason on the sites, for discounts/coupons!


Rehabber · Simi Valley, California


Not sure if it's the same everywhere, but at our local Home Depot stores (Los Angeles area), you speak with someone at the commercial (or contractor's) desk, and if your purchase is over $2000 (or maybe $2500, I'm not 100% certain), they will send the order off to the "Bid Room". I've gotten over a 20% discount on a number of occasions. Large appliances seem to be treated differently, though.


Landlord · Seattle, Washington


While I ten to like Lowes prices better. I often end up needing to go to Home Depot because they tend to maintain a good stock and seem to have the items I'm looking for. They both offer discounts if you buy in volume.


Real Estate Investor · Holly Springs, North Carolina


The commercial services desk at Lowe's in my area will print a good for that day only, 15% off coupon for paint. I buy in 5 Gallon sizes, so not sure if it applies to all orders or not. Although I have accounts with Lowe's, I don't think it is necessary. You just go to the desk and ask... and they provide!


Real Estate Investor · Wallingford, Connecticut


At the Lowes in Ct., your order must be at least $2500., to go to the bid room.

I have asked for discounts on smaller orders, (after placing a huge order, $10K+) and I have received at least a 10% discount.

If you don't ask, you'll never know.

Ray in Ct.


Real Estate Investor · -, Illinois


Go on ebay and you can buy the Lowe's 10% off coupons for about a buck each.

You can also get gift cards to Lowe's, Home Depot, Menards, etc., on ebay for about 90% face value.

Combine a gift card you bought for 90% of face value with a 10% off coupon you bought for a buck and you can get pretty good deals.

I always keep at least 4 or 5 of the 10% off coupons in my wallet at all times. As long your purchase is over $10, the coupon pays for itself.


Real Estate Investor · Charlotte, North Carolina


have you ever bought a 2nd hand gift card? how do you verify the amount on the card is what they say it is?


Real Estate Investor · -, Illinois


Bryan,

I have bought several gift cards and have never had a problem with the info being incorrect. If you buy them off of ebay, make sure to use a seller that does a ton of business and has good ratings.

Most of the time this is what happens (I used to do retail security during college):

A person steals something from Lowe's, returns it without a receipt and gets an instore merchandise card for say $100. They then take the merchandise card to a pawn shop and sell if for $50 or $60. The pawn shop then puts the merchandise card on ebay and it usually sells at auction for approximately 90% of the face value (pawn shop that is selling it will have called the 800-number on the back to verify $).

If you are not comfortable buying merchandise cards off of ebay, go to a pawn shop in the worst part of town, tell them to call you when they get merchandise cards as you will buy them for 90 cents on the dollar of face value. I actually have 2 pawn shops that call me quite a bit when they get these cards in.

Couple this with the 10% off coupon you bought for a buck and you get approximately 20% off of a purchase that you needed to make.


Real Estate Agent · Lenexa, Kansas


BigBubba, I really liked that plan until I found out that most of it is perpetuated by theft (not by you, but by someone else).

We used the 10% off coupons all the time when you could just get a handfull of address change cards from the post office.


Real Estate Investor · Virginia, DC &, Maryland


Originally posted by BigBubba:
Bryan,

I have bought several gift cards and have never had a problem with the info being incorrect. If you buy them off of ebay, make sure to use a seller that does a ton of business and has good ratings.

Most of the time this is what happens (I used to do retail security during college):

A person steals something from Lowe's, returns it without a receipt and gets an instore merchandise card for say $100. They then take the merchandise card to a pawn shop and sell if for $50 or $60. The pawn shop then puts the merchandise card on ebay and it usually sells at auction for approximately 90% of the face value (pawn shop that is selling it will have called the 800-number on the back to verify $).

If you are not comfortable buying merchandise cards off of ebay, go to a pawn shop in the worst part of town, tell them to call you when they get merchandise cards as you will buy them for 90 cents on the dollar of face value. I actually have 2 pawn shops that call me quite a bit when they get these cards in.

Couple this with the 10% off coupon you bought for a buck and you get approximately 20% off of a purchase that you needed to make.

You can also go online to plasticjungle.com and buy Home Depot gift cards for a 7% discount. While I was waiting for my last flip to settle I accumulated $18,000 in HD giftcards for $16,700. Add that to the contractor desk discount and it adds up to about 20% discount. Ka$hing!


Real Estate Investor · -, Illinois


Mat,

I know exactly how you feel, since the underlying factor is theft (usually). I cannot say that I agree with the process, but in today's society, not many people even bat an eye at something like this. Kinda sad.


Developer · Kona, Hawaii


May I suggest slickdeals.net ? Set an alert for the actual thing you're looking for (paint, a specific tool) and if it comes up be ready to pounce on it.
They also have a lot of good strategies for getting cards that aren't illegal.


Real Estate Investor · -, Illinois


The cards are not illegal. I am not saying that every card for sale is obtained this way.


Real Estate Investor · Springfield, Massachusetts


Originally posted by J Scott:
At Home Depot, if you spend a minimum of $5000 (though they'll do smaller amounts if they know you), you can go to the contractor desk, submit your order to them, they'll submit the order to corporate for a price quote, and a few hours later you'll be offered a price somewhere around 8-12% below retail for that particular order.

From there, you can negotiate further (I never accept less than 12% and have gotten it down to 17% off). Generally, the discount will be dependent on the actual stuff you purchase -- higher margin items will get better discounts than lower margin items.

Actually if you spend enough at Home Depot you can become what is called a managed account and then sending purchases to what is called "The Bid Room" is only a max of $1000. On one project for a four story porch i got all the wood from Home Depot and sent it all to the bid room and I got 38% off, no joke. It all depends on the markup of the items. Sometimes I only get 6% off.




Sign up