Revamp Your Home Renovation Budget: The Ultimate Calculator for Real Estate Investors and General Contractors
Welcome to our blog, where we'll be introducing you to Fix&FlipCalc - the must-have app for contractors, handymen, wholesalers, and real estate investors. Our home renovation calculator app is designed to help you streamline your renovation projects, calculate your costs accurately, and generate professional PDF invoices for your clients. In this blog, we'll explore the various features of Fix&FlipCalc in detail and show you how to use them to take your business to the next level.
We understand that managing renovation projects can be time-consuming and complicated, especially when it comes to calculating costs and generating accurate invoices. That's why we created Fix&FlipCalc - to simplify the process and help you save time, money, and headaches. With our app, you'll be able to input your after-repair value, calculate taxes, fees, and profits, and generate detailed estimates for each room of the property. You can even use our "All at Once" feature to get a quick estimate of the total cost of the renovation project.
But that's not all. Fix&FlipCalc also comes with a PDF invoicing feature, allowing you to generate professional invoices from your mobile or tablet device on the go. With just a few taps, you can turn your renovation calculations into a detailed invoice that you can send to your clients or lenders. This not only saves you time but also helps you present a professional image to your clients, building trust and credibility in your business.
So, whether you're a seasoned contractor, real estate investor, or just starting out in the industry, Fix&FlipCalc is the tool you need to succeed. In the rest of this blog, we'll explore each feature of our home renovation calculator app and show you how to use it to your advantage. So let's dive in!
Exploring the Exciting Las Vegas Real Estate Market - What to Expect When Buying and Selling!
Image Source: Pixabay If you’re looking for a great place to buy or sell a home, you’re in luck! Las Vegas is a great city to explore when it comes to real estate. Whether you’re looking for a place to raise a family or invest for the future, the Las Vegas real estate market … Continue reading "Exploring the Exciting Las Vegas Real Estate Market – What to Expect When Buying and Selling!"
Want to buy a house through a builder? Heres a few good tips
Ever go to new home builder sites to go check out the models? My wife and I love going to the model homes to check out the decor to get ideas for our house. We look at the way they’re designed, the walls to fireplaces, and even the way they did the pattern for their flooring. Those slight details makes your house more appealing to your guest.
So when you first get to the home builder site they always either have a sign or ask you “Are you working with a Realtor?” (well, they should be asking lol) The reason why they ask you is only to see if you have representation to help you purchase your new house, if not they would be able to help. Now, I will put this in perspective to the “why” you need to have a Realtor with you at new home sites.
Just remember who hires the Realtors that work at the new builder sites…. The builder! In some cases, not all, but in most businesses they want you to represent the company and what they sell, Which makes sense. So that means the company needs to benefit in some way if the clients aren’t represented. So to make sense of what I’m talking about, try not to make it conflict of interest of yours.
Having a Realtor with you is having an upper hand in negotiating with real estate. The Realtor’s job to you is making sure you get what you want and not what they WANT to sell you. They’re also there to answer any questions, help you negotiate, and explain pros and cons with numbers. We are there to represent YOU the buyer! I know for my clients I don’t charge to use my services and representation. I protect my client’s interest and money like if it’s my own.
Being in the industry I hear a lot of stories from clients and people I meet when purchasing from new home build sites. I hear when they work with a realtor they get extra packages or the transaction is really smooth. Then I hear the stories from people that don’t use a Realtor and is represented by the builder’s Realtor. One person said that they wanted to pull out of the deal but said they tried, but the builder tried to keep their earnest money (deposit to hold the house in contract). Also, your timelines for your home’s construction could get pushed back, don’t have time to follow up with the builder for any updates, or new documents to sign that you don’t understand.
I remember when I was buying my first house I went to a builder to look and they got me excited to purchase a new home because I was 21. I didn’t get representation because I went directly through the builder. I put $3,000.00 earnest deposit down then agreed to pay another $3,000.00 by a certain timeframe we set up. At that time I was second guessing myself on if I could afford the mortgage payments and the downpayment, plus my current bills. I was still within my 7 days of signing. (By the way there’s several ways of getting your earnest money back from the builder that’s in the contract that most people don’t read through or they don’t tell you.) So within that time I didn’t want the house and wanted a resale home on the market. The builder’s Realtor told me if I back out then I’d lose my earnest deposit. Within that time I had this Realtor that kept calling me and I kept pushing him off. Finally I told him my scenario and I’d hire him if he could help. He agreed and told me to send the contract, I did. Within that day he got my money back and since he understood contracts, he was able to help me out. Then he went on to help me purchase my first home.
Realtors are here to fight for their clients and if you don’t feel that way with your Realtor then fire them and find a new one. I tell clients before working with me that this will be a business partnership and if we can’t work well together then this won’t be a good fit. It won’t hurt my feelings, business is business and not everyone works well together, so I respect their decision.
Now that I’m in the real estate industry I fully understand contacts and help families purchase resale and new build homes. So that being said, make sure you hire and take a Realtor with you to any of the new home build sites, that way you can protect your best interest and money. Just Remember to have your Realtor double check the contract before you signing anything.
Joshua Lafond
Phone:+1(702) 813-0533