Flipping Houses

Should Real Estate Rehabbers DIY or Hire a Professional Contractor?

Expertise:
11 Articles Written
You don’t need the construction skills of Bob Vila to be a rehab professional, yet it’s no secret you can save if you do some of the work yourself. As a general rule, estimates from contractors in our area run 1/3 for materials and 2/3’s for labor. So theoretically, we save 66% by doing the [...] View the full article: Should Real Estate Rehabbers DIY or Hire a Professional Contractor? on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.

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    meg
    Replied almost 12 years ago
    DIY projects are satisfying especially when it involves family. We had a grand time doing the nursery for our first grandchild. My daughter, our son-in-law, my husband and I. Now he is thinking about doing the living room! 🙂
    Connie Brzowski
    Replied almost 12 years ago
    Meg– I know what you mean 🙂 One of my favorite memories was the sight of our paint-splattered crew doing their Temptations impression in the livingroom of our first investment house. ( “I know you wanna leave me, But I refuse to let you go If I have to beg and plead for your sympathy, I don’t mind coz’ you mean that much to me” 🙂 Good times 🙂
    logo promotional products
    Replied almost 12 years ago
    Lol..The previous comment was very good 🙂
    Rehab702
    Replied almost 12 years ago
    Spot on, as usual, Connie. I do a lot of my own work because I enjoy it and I’m pretty good at it. However, there are times when bringing in a crew can save a lot of time, money, and agravation. The key is to know what you are good at and what you should leave to the pros.
    Terry
    Replied almost 12 years ago
    Very sightful article! It’s amazing how much can be cut back in repair costs by doing the repairs that you are able to. You’re point about working along with the contractor is well taken. I learned alot of new skills that way too. In fact, anytime that I have to contract out for a repair, for the air conditioner, sewer work or even termites, I stick to the worker like flypaper to see each step of what they do. It’s like a free education (except that I’m paying for it).