Posted by Jen-LA on May 04, 2000 at 10:53:55:
we have a wonderful contractor who is worth his weight in gold- who gives us estimates on properties before we buy- estimates on the repairs we tell him we want done. Occasionally he will offer suggestions about termite damage he sees or cheaper ways to do stuff. He does EVERYTHING including plumbing and airconditioning (which is a big deal down here) and will give us one lump price.
Then we just take what he’s given us, and come up with an offering price and a price we need to get it for, and a price we’ll need to sell it for to make profit, and see if it all works. We usually work the numbers over and over for a couple of days to make sure nothing was forgotten. This way, there shouldn’t be any suprises.