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Updated over 10 years ago on . Most recent reply

User Stats

247
Posts
63
Votes
Vonetta Booker
  • Investor
  • Stamford, CT
63
Votes |
247
Posts

Investor/ homeowner rehab cost difference?

Vonetta Booker
  • Investor
  • Stamford, CT
Posted

Why does there seem to be such a big difference between what rehabs cost investors & what they cost homeowners? (For example, many investors talk of doing rehab on a 50k budget--but then on the same project, many GCs will charge that much for the kitchen alone.)

Is it because the former buy materials themselves & have subcontractors install them? Do most contractors mark things up significantly? Are homeowners getting stiffed because they don't know any better?

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