BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago on . Most recent reply

Rehabs cost prohibitive or cant find anyone to do the work?
I purchased a small house and dont need a ton done but I'm finding every contractor and even handyman I get to come out are giving g me estimates that are just a joke-even considering the cost increases of materials. I'm talking more than I paid for the house, to the point that if everyone is paying these prices noone would be making money so it just cant be right. For a few reasons I'm wondering if I'm being taken advantage of? Anyone finding they cant get a project off the ground due to everyone having too much work plus price gouging?
Most Popular Reply

In my area there's some of that. What they charge commonly comes out to $200/hour for labor. The contractors are also unreliable and Le. For these reasons I have hired my own crew of guys (currently at 5) to work for me in my BRRRs. I pay them well but still have great savings over hiring contractors.