Why Home Depot Loves Real Estate Investors

[Corey Dutton]

One of my clients who has flipped over 400 homes never has to think about what carpet or paint to put into his rehab houses. His contractor has the SKU numbers conveniently filed at Home Depot for easy ordering, pickup, and payment. Using one home improvement supplier like Home Depot has helped this real estate investor quickly and efficiently flip so many rehab houses.

Real estate investors have certainly fueled Home Depot’s profits, it’s no wonder that the Home Depot just “pulled up the Dow,” as reported today by the Wall Street Journal (http://tinyurl.com/aagp96f) Home improvement has been on the rise over the last 18 months as real estate rehabbers furiously work to fix up and sell all of the REOs, and first time homeowners eagerly spend on their biggest purchases ever.