Bathroom:Demo & Prep ($750):DIY toilet, vanity, and flooring removal.Professional plumber for plumbing adjustments.Toilet ($250):Standard, efficient model.Vanity & Sink ($900):A modest-sized vanity and sink combo.Flooring ($500):Wall Tile (Shower/Tub Area) ($1,000):Basic ceramic tile for the shower/tub surround.Shower/Bath Fixtures ($250):Update showerhead and faucet.Lighting & Paint ($250):DIY painting.Update light fixtures.Permits & Contingency ($3,000)Total rehab cost: $30,500Amount Needed: $30,500ROI: 45% of $30,500Investment Duration: 30days Profit: $13,725Total payout in 50days: $44,225EMD: The buyer has put down a 20% earnest money deposit based on the property’s ARV and they are all set to complete the purchase as soon as the rehab is done.To find out more about our Joint Venture projects, please visit our website: http://strandparkproperties.comWe're able to guarantee the return on investment (ROI) by finding buyers for the properties before listing them on our website for possible joint venture fix and flip.

Intend to update the kitchen with new countertops, cabinets and backsplash, as well as update the bathrooms with tile tubs around new tub, new sinks, and vanities next summer.

Germán Rimoldi: Hey everyone — I’m working on a tool for builders and developers that helps you get quotes for construction materials faster.The idea is simple:You upload your material list (even long spreadsheets), and our AI contacts local suppliers, negotiates, and sends you back a comparison sheet.✅ Saves time✅ Helps you get better prices✅ No more chasing quotes manuallyWe’re testing this with a few builders now and I’d love to know:Would you use something like this?

The resulting damage required repairs costing over $3,500.Sewer Line Replacement: During the shower remodel, broken tile pieces and debris from the GC’s work were found clogging the sewer line, necessitating a complete replacement at a cost of over $3,900.Additional Issues: Poor workmanship also led to defective toilet installation and a leaking kitchen sink, further increasing repair expenses.In total, the GC’s negligence has cost me over $10,000 in repairs and corrective work, in addition to the original rehabilitation costs.

@Jemini Leckie here's our standard approach to address basement seepage in order:1) Check gutters are not leaking and are large enough to handle downpours2) Make sure downspout extensions are far enough away from foundation, 10' is usually recommened, but further may be required due to land countours.3) Grading needs to slope away from foundation4) Check driveway-foundation seam and caulk WELL5) If still an issue, will need to start getting bids from companies that install drain tiles & sump pump.

This will help you get a better idea of what tile, hardwood, carpet, plumbing fixtures and light fixtures costs for your rehabs.#4 Contact Local Contractors For PricingAs others have suggested pay a GC to walk through a few properties and provide budget pricing for typical repairs.#5 Build Out Your Database in a Spreadsheet Once you start to get a better understanding of Labor and Material costs you will want to store this data into a spreadsheet or software that you can use to help you streamline the estimating process.#6 Practice, Practice, PracticeWalk through distressed fixer-upper properties (or find properties virtually online) and practice creating detailed scopes of work, quantifying repairs and estimating rehab costs for the projects.This will help you get acquainted with common rehab repairs, rehab costs & estimating terminology.#7 Get Your First Rehab Project!

Is it possible to negotiate in a new build- $50k off price-lower escrow amount - no penalties for closing late if you need to sell your home elsewhere - free accessories such as blinds and upgraded porcelain tile 

•Backsplash: Peel-and-stick tiles (like subway tile) can add style without breaking the bank.

Volume Discounts Still Save Clients MoneyThis is a key point that’s often overlooked: even with my markup, clients still pay significantly less than retail prices for labor and materials.Because we manage hundreds of properties, we get volume pricing from vendors, suppliers, and contractors—discounts that individual owners typically wouldn’t have access to.

I am learning to tile.