Updated almost 13 years ago on . Most recent reply
Contractors and Flipping...
I don't understand how some of you flip several homes per year and using contractors the entire time. I know some of you don't even do any physical labor yourselves. You just buy and manage the flip.
How is this done repeatedly? You have to get amazing deals in order to make up for the cost of a contractor which is easily 3x the cost of materials.
Without a big difference between the value of the home and sale price, there is no possible way to pay for contractors like this. Give me some thoughts on this.