Overruns are common, especially if you’re new to managing contractors or doing the work yourself.Ask yourself: is your time best spent on labor, or on finding the next deal?

But the Shut Down means they do not have access to the labor and inflation data they need to make informed decisions.

Biggest pain right now is realistic deals; seller expectations are still lagging while labor and holding costs bite.

I’ve been hearing from a lot of investors lately about how renovation costs keep sneaking up — whether it’s materials, labor, or even permit delays.

I’ve been hearing mixed feedback from investors this year — some say renovation timelines are tightening again, others say they’re still battling labor shortages and delayed draws.For those actively flipping:- How long is your average project taking from close to resale?

With materials and labor costs still fluctuating, I’ve seen some flippers shifting to smaller projects or leveraging short-term financing to manage multiple deals.Curious — how are you keeping your margins healthy while the market keeps changing?

This insures that the contractor is not just throwing random # s in their estimate and is accounting for all labor, materials, etc.All the best!

My cost is usually about 5k installed and Milwaukee may be a bit cheaper on labor than CA, but not that much! 

At the same time, materials and labor costs remain elevated, and supply chain issues (tariffs, etc.) could further squeeze rehab timelines and budgets. 

You might have better luck looking in smaller cities or suburbs where prices aren’t as inflated but there’s still demand.Also, before jumping in, run the numbers carefully  material and labor costs can be high, and flipping timelines sometimes stretch longer than planned.