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Old 05-21-2008, 10:25 PM  
ChiefsFanatic ChiefsFanatic is offline
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Dumb Question: Any remodeling guys on this board?

My wife and I are think about putting a bid on a repo house. It has a nice deck in back that needs to be refinished, and a nice size inground pool in the back. However, the people trashed it when they were being evicted. All the flooring needs to be replaced (they had put laminate flooring over carpet in a large section of the house) it needs to be repainted inside, the basement is partially finished (the walls) but needs the ceiling finished and a wall they had built knocked down to make way for a pool table. Maybe some updating to the kitchen and bathrooms.

My question is, how much do things like that normally cost? Does anyone give free estimates? If you do the work, can you get materials at a discounted price?

Really, I have no experience with things like this, so any help would be appreciated.
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Old 05-21-2008, 11:22 PM   #16
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Originally Posted by BIG K View Post
That being said however, for the most part, if you do not have proper training or knowledge,
or tools. Tools are a massive part of it. I have tens of thousands in tools and could invest tens more without having everything I think I need.
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Old 05-21-2008, 11:49 PM   #17
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or tools. Tools are a massive part of it. I have tens of thousands in tools and could invest tens more without having everything I think I need.

I thought you were a tool?
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Old 05-22-2008, 12:03 AM   #18
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or tools. Tools are a massive part of it. I have tens of thousands in tools and could invest tens more without having everything I think I need.

crescent wrench, soap.....
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Old 05-22-2008, 12:43 AM   #19
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I thought you were a tool?
You know I don't have any comeback for that. I'll just have to own it.
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Old 05-22-2008, 07:27 AM   #20
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OK, what you do is stuff a bunch a dryer sheets into the dryer vent so it over heats and starts a fire. Then you sit back, let the place burn and collect the insurance.

Easy money.
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Old 05-22-2008, 08:04 AM   #21
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OK, what you do is stuff a bunch a dryer sheets into the dryer vent so it over heats and starts a fire. Then you sit back, let the place burn and collect the insurance.

Easy money.
Unless you get caught. Then you get free room and board for a few years.
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Old 05-22-2008, 09:32 AM   #22
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OK, what you do is stuff a bunch a dryer sheets into the dryer vent so it over heats and starts a fire. Then you sit back, let the place burn and collect the insurance.

Easy money.
I wouldn't recommend doing this to a house you do not own yet.


I wouldn't recommend doing it to one you do own, either.
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Old 05-22-2008, 09:43 AM   #23
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with record numbers of people having homes repoed
who will be left with proper credit to purchase it
or your current home
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Old 05-22-2008, 12:07 PM   #24
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I dont know of any contractors that dont give free estimates. They would probably require access to the property to visually inspect things. It is also possible to write a bid / contract upon the repo that is "contingent" upon you getting a firm bid from a contractor, for repairs, that does not exceed a certain amount. (At least worth checking into) Best of luck.
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Old 05-22-2008, 12:57 PM   #25
ChiefsFanatic ChiefsFanatic is offline
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Originally Posted by RJ View Post
I'm in the flooring business but not in your area. Local flooring dealers (not the big boxes) will probably provide free estimates.

Is this a house you want to flip or a house you want to live in?
No, I am not flipping this house.

As far as the laminate over carpet, it makes the floor uneven, and gives it that bouncy, springy feeling you would get at a Funhouse or gymnastics place.
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Old 05-22-2008, 01:15 PM   #26
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I dont know of any contractors that dont give free estimates. They would probably require access to the property to visually inspect things. It is also possible to write a bid / contract upon the repo that is "contingent" upon you getting a firm bid from a contractor, for repairs, that does not exceed a certain amount. (At least worth checking into) Best of luck.
Start getting to know them. I charge for estimates now that gas is $4+. I can't afford not to.
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Old 05-22-2008, 01:17 PM   #27
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No, I am not flipping this house.

As far as the laminate over carpet, it makes the floor uneven, and gives it that bouncy, springy feeling you would get at a Funhouse or gymnastics place.
I really questioned such flooring before, now it's starting to sound like a lot of fun.
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Old 05-22-2008, 04:21 PM   #28
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Start getting to know them. I charge for estimates now that gas is $4+. I can't afford not to.
Well, that and you drive a rig that gets 3 feet to the gallon.

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Old 05-22-2008, 04:32 PM   #29
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Well, that and you drive a rig that gets 3 feet to the gallon.

You'd be surprised what that monster gets per gallon. It does a lot better than a lot of SUV's currently on the market.
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Old 05-22-2008, 04:34 PM   #30
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Originally Posted by ChiefsFanatic View Post
No, I am not flipping this house.

As far as the laminate over carpet, it makes the floor uneven, and gives it that bouncy, springy feeling you would get at a Funhouse or gymnastics place.

Yeah, they weren't supposed to install it that way. Sort of voids the warranty and such. Not too bright.
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