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

1514 topics, 14412 posts — Last Post 04/24/14, 05:53PM

BiggerPockets Exclusive PRO Area

117 topics, 841 posts — Last Post 04/23/14, 08:28AM

New Member Introductions

10994 topics, 86671 posts — Last Post 04/24/14, 05:49PM

Real Estate Success Stories

400 topics, 6221 posts — Last Post 04/24/14, 05:13PM

General Real Estate

General Real Estate

Buying & Selling Real Estate

6001 topics, 47283 posts — Last Post 04/24/14, 05:49PM

Renters

651 topics, 5873 posts — Last Post 04/24/14, 03:20PM

Get Foreclosure Help - Help Stop Foreclosure Forum

317 topics, 2561 posts — Last Post 04/23/14, 08:28PM

Home Owner Association (HOA) Issues & Problems Forum

238 topics, 1611 posts — Last Post 04/23/14, 04:02AM

Do it Yourself

660 topics, 6333 posts — Last Post 04/24/14, 02:46PM

Reviews & Feedback

Real Estate Deal Analysis and Advice

3716 topics, 29810 posts — Last Post 04/24/14, 04:47PM

Real Estate Guru, Book & Course Reviews and Discussions

1140 topics, 11615 posts — Last Post 04/24/14, 05:04PM

Ask About A Real Estate Company

743 topics, 7348 posts — Last Post 04/24/14, 03:12PM

Real Estate Investing

Real Estate Strategies

Wholesaling

5647 topics, 44004 posts — Last Post 04/24/14, 05:56PM

Rehabbing and House Flipping

3354 topics, 31116 posts — Last Post 04/24/14, 05:56PM

Real Estate Development & New Home Construction

554 topics, 4695 posts — Last Post 04/24/14, 06:22AM

Innovative Strategies

705 topics, 6044 posts — Last Post 04/22/14, 04:06PM

Tax Liens, Notes, Paper, & Cash Flows Discussion

869 topics, 6702 posts — Last Post 04/24/14, 05:46PM

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

700 topics, 4961 posts — Last Post 04/24/14, 11:26AM

1031 Exchanges

143 topics, 1063 posts — Last Post 04/24/14, 11:10AM

Foreclosure Investing

General Foreclosure & Pre-Foreclosure Forums

1692 topics, 11317 posts — Last Post 04/22/14, 09:26PM

HUD, VA, and Tax Sales

416 topics, 3103 posts — Last Post 04/23/14, 02:29PM

REOs

1217 topics, 10604 posts — Last Post 04/24/14, 07:13AM

Short Sales

1539 topics, 13154 posts — Last Post 04/23/14, 08:25PM

Landlord & Tenant Forums

Landlord & Rental Property Questions

7259 topics, 71276 posts — Last Post 04/24/14, 05:44PM

Mobile Homes & Mobile Home Park Investing

639 topics, 5146 posts — Last Post 04/24/14, 05:13AM

Investor Basics

Starting Out

7739 topics, 60719 posts — Last Post 04/24/14, 05:30PM

Investor Psychology

434 topics, 6131 posts — Last Post 04/24/14, 05:58PM

General Real Estate Investing

4732 topics, 37336 posts — Last Post 04/24/14, 02:34PM

Real Estate Investor Marketing

1740 topics, 14165 posts — Last Post 04/24/14, 05:08PM

Commercial Real Estate

Commercial Real Estate Investing Forum

1414 topics, 9022 posts — Last Post 04/24/14, 04:12PM

Multi-Family and Apartment Investing

1124 topics, 9411 posts — Last Post 04/24/14, 05:56PM

The Business of Real Estate

Real Estate Technology and the Internet

Real Estate Technology, Social Media & Blogging

645 topics, 4913 posts — Last Post 04/24/14, 12:21PM

Business Basics

Goals, Business Plans & Entities

835 topics, 7595 posts — Last Post 04/24/14, 05:56PM

Real Estate Finance & Legal

Financial, Tax, and Legal

Tax, Legal Issues, Contracts, Self-Directed IRA

2803 topics, 20142 posts — Last Post 04/24/14, 05:04PM

Property Insurance

312 topics, 2059 posts — Last Post 04/24/14, 10:22AM

Personal Finance Discussion

330 topics, 2754 posts — Last Post 04/22/14, 12:06PM

Loans, Mortgages, Credit Lines

Private & Conventional Lending Discussion

2853 topics, 19851 posts — Last Post 04/24/14, 05:15PM

Creative Real Estate Financing

1221 topics, 8870 posts — Last Post 04/24/14, 03:19PM

Crowdfunding Real Estate

35 topics, 463 posts — Last Post 04/19/14, 06:24PM

Real Estate Professionals

Real Estate Professionals

Real Estate Agents

1218 topics, 8051 posts — Last Post 04/24/14, 01:43PM

Bankers, Lenders, and Mortgage Brokers

442 topics, 1931 posts — Last Post 04/23/14, 09:04PM

Contractors

268 topics, 1689 posts — Last Post 04/24/14, 05:05PM

Local Real Estate

Local Real Estate

Local Real Estate Networking & Recommendations

2023 topics, 11775 posts — Last Post 04/24/14, 05:28PM

Americans & International Real Estate

162 topics, 572 posts — Last Post 04/24/14, 03:31AM

Foreigners Buying in the USA

62 topics, 409 posts — Last Post 04/10/14, 06:27AM

Canadian Real Estate

66 topics, 440 posts — Last Post 04/24/14, 05:54AM

Marketplace

Real Estate Marketplace

Real Estate Marketplace

15097 topics, 54165 posts — Last Post 04/24/14, 05:17PM

Real Estate Events and Happenings

169 topics, 2622 posts — Last Post 04/24/14, 05:42PM

Off-Topic

Off Topic

Off-Topic

2909 topics, 32450 posts — Last Post 04/24/14, 05:32PM

Housing News & Real Estate Market

922 topics, 8397 posts — Last Post 04/24/14, 02:57PM

BiggerPockets Real Estate Investing Summit

97 topics, 1752 posts — Last Post 04/23/14, 04:51AM

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

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 · Phoenix, Arizona


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 · Ellicott City, Maryland


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: [email protected]
Telephone: 770-906-6358
Website: http://www.123flip.com
CHECK OUT MY BIGGERPOCKETS BOOKS: http://www.biggerpockets.com/flippingbook


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.


Financexaminer@real estate investor dot com


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 · Ellicott City, Maryland


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: [email protected]
Telephone: 770-906-6358
Website: http://www.123flip.com
CHECK OUT MY BIGGERPOCKETS BOOKS: http://www.biggerpockets.com/flippingbook


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!


Financexaminer@real estate investor dot com


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?


Bryan A., A Helping Hand Property Solutions, LLC
E-Mail: [email protected]
Telephone: 704-215-4687


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.



Multi-family Investor · 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