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Granite or quartz countertops
I am fixing up my first flip and the market has changed on me. My budgets are now stretched. Can somebody refer me to a good granite/quartz fabricator who can provide cheap granite. The prices of materials have skyrocketed and unfortunately the housing market is tanking. So if any one has any recommendations it’s greatly valued and appreciated.
My budget was at 30/sqft, however the prices I am getting is 40+. The kitchen also turned out bigger than I calculated for, so I am now completely out of charts.
Thanks
Anil
- Investor and Real Estate Agent
- Milwaukee - Mequon, WI
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Cheapening your flip is a dangerous downward spiral! People pay for good design, homes that go well over asking always have extraordinary design. Something that makes you say wow. Most flips I see are just middle of the road and that's fine too, because extraordinary design is risky. But if you cheapen your flip you might be taking down more of your market value than you save in cost!
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Real Estate Agent Wisconsin (#82198-94)
- 262 671 6868
- http://www.OnPointRG.com
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Depending on how much you need, you might have luck finding a shop around you that sells remnants. These are basically "leftovers" from other jobs. But still high quality materials.
I 100% agree with @Marcus Auerbach though. You don't want to start cutting corners now. In this market, you need to deliver a product that is high quality, well designed, and staged. Otherwise your house will just sit like all of the other mediocre inventory out there.
Alternatively, see if you can find a pre-bullnosed granite slab supplier within driving distance. I'm close to a west coast port and there are 100's of them within 70 miles. They tend to be run by Chinese families and will also carry imported cabinets. They may be able to provide an installer that will charge by the hour and most of them can do it in half a day.
Doing top grade finishes needs to be supported by the type of buyers in that area. Does the area where your property is in demand top shelf finishes? Or are you making it nice because you want to take pride in your work? Flip your house for your target market.
I guess I got my messaging wrong. When I Say cheap, I meant a competitive Investor level pricing for a level 1 granite. The flips in my market have them. Well, now things have changed and I see all kinds of property listed. I don't mean to cut corner, however I am trying work within the market parameters that I am bond to. As of now my expenditures versus projected income is little scary. The work I put in must be considered as experience. So I am hunting ways to save every penny I can.@Mordy Chaimovitz@Mordy Chaimovitz
@Mordy Chaimovitz, I am not sure if I am going overboard, but its my intension to deliver a descent product, However the market has nosedived now and my purchase price is no good for the current challenging ARV. Most of the flips in the area have a Solid stone countertops, so I guess the market demands it. But as noted above things are changing.
Thanks, Can you please guide me the search terms, Do business show up on google searches. I do not live in the area of my flip, I out by about 1.30 hrs and I work full time. Very hard to drive around.
If I don't sell it at my lowest bench marked price, My plan B is to rent the property but my concerns are I invested a lot of money into remodeling the property as a flip and I fear when it comes time to sell, I have to redo this exercise again. Renting for me right now is not profitable. I am in line of losing couple of 100 bucks a month. I am also considering medium term furnished renting at https://www.furnishedfinder.co.. , this would mean, me investing in the furnitures. My contractor thinks this is a good Idea. To be frank I do not understand all the variables here, particularly the vacancies and security of my property in a multitenant setup.
Thanks
Anil
Thanks
Anil
Quote from @Anil Villamkandathil:
I guess I got my messaging wrong. When I Say cheap, I meant a competitive Investor level pricing for a level 1 granite. The flips in my market have them. Well, now things have changed and I see all kinds of property listed. I don't mean to cut corner, however I am trying work within the market parameters that I am bond to. As of now my expenditures versus projected income is little scary. The work I put in must be considered as experience. So I am hunting ways to save every penny I can.@Mordy Chaimovitz@Mordy Chaimovitz
@Mordy Chaimovitz, I am not sure if I am going overboard, but its my intension to deliver a descent product, However the market has nosedived now and my purchase price is no good for the current challenging ARV. Most of the flips in the area have a Solid stone countertops, so I guess the market demands it. But as noted above things are changing.
Thanks, Can you please guide me the search terms, Do business show up on google searches. I do not live in the area of my flip, I out by about 1.30 hrs and I work full time. Very hard to drive around.
If I don't sell it at my lowest bench marked price, My plan B is to rent the property but my concerns are I invested a lot of money into remodeling the property as a flip and I fear when it comes time to sell, I have to redo this exercise again. Renting for me right now is not profitable. I am in line of losing couple of 100 bucks a month. I am also considering medium term furnished renting at https://www.furnishedfinder.co.. , this would mean, me investing in the furnitures. My contractor thinks this is a good Idea. To be frank I do not understand all the variables here, particularly the vacancies and security of my property in a multitenant setup.
Thanks
Anil
Thanks
Anil
What town is the remodel located? I'll check for suppliers thereafter.
Quote from @Tom Fidrych:Concord, north carolina
Quote from @Anil Villamkandathil:
I guess I got my messaging wrong. When I Say cheap, I meant a competitive Investor level pricing for a level 1 granite. The flips in my market have them. Well, now things have changed and I see all kinds of property listed. I don't mean to cut corner, however I am trying work within the market parameters that I am bond to. As of now my expenditures versus projected income is little scary. The work I put in must be considered as experience. So I am hunting ways to save every penny I can.@Mordy Chaimovitz@Mordy Chaimovitz
@Mordy Chaimovitz, I am not sure if I am going overboard, but its my intension to deliver a descent product, However the market has nosedived now and my purchase price is no good for the current challenging ARV. Most of the flips in the area have a Solid stone countertops, so I guess the market demands it. But as noted above things are changing.
Thanks, Can you please guide me the search terms, Do business show up on google searches. I do not live in the area of my flip, I out by about 1.30 hrs and I work full time. Very hard to drive around.
If I don't sell it at my lowest bench marked price, My plan B is to rent the property but my concerns are I invested a lot of money into remodeling the property as a flip and I fear when it comes time to sell, I have to redo this exercise again. Renting for me right now is not profitable. I am in line of losing couple of 100 bucks a month. I am also considering medium term furnished renting at https://www.furnishedfinder.co.. , this would mean, me investing in the furnitures. My contractor thinks this is a good Idea. To be frank I do not understand all the variables here, particularly the vacancies and security of my property in a multitenant setup.
Thanks
Anil
Thanks
Anil
What town is the remodel located? I'll check for suppliers thereafter.
Sorry Anil, I couldn't locate any pre-bullnosed counter top suppliers in NC. They are ubiquitous in the SF Bay area but likely because the the shipping is easier from China and there are many Chinese Americans in the area.
Quote from @Tom Fidrych:Thats fine. Thanks for your help.
Sorry Anil, I couldn't locate any pre-bullnosed counter top suppliers in NC. They are ubiquitous in the SF Bay area but likely because the the shipping is easier from China and there are many Chinese Americans in the area.