A small residential renovation / construction business that flips and rents properties…
A small residential renovation / construction business that flips and rents properties (BRRRR) and does subcontracted client projects, now considering hiring a first full‑time residential maintenance technician.
Problem it solves. Provides renovation and maintenance services and generates cash via property flips/refinances and client contracts to fund growth and rental income.
Who pays. Homeowners needing renovations and investors/landlords (rental properties)
Market. construction / home renovation / real estate investing
How it makes money. Project-based fees for client contracts and profits from renovated properties sold/refinanced or held as rentals
Claimed. $24k contract (50% = $12k draw, ~$10k gross profit), $48k contract (50% = $24k draw, ~$15k gross
The post describes real, specific contracts, cash balances and upcoming refinance and multiple commenters (upvoted by consensus) treated it as a genuine cash‑flow/hiring question rather than calling it promotional or fake.
“Run your own numbers in order and it gets tight fast. 113k minus the 60k property is 53k, minus 45k reserved for materials leaves you around 8k of real cushion, and the 15k tax bill hits right around when the refi is supposed to land. If that refi slips by a month youre short before payroll even enters the picture” ▲ 80
“The two contracts add up to $25k gross profit and the employee is $38k over the same six months, so the client work doesn't pay for the hire. It only works if he spends most of his hours on your own houses, and that payoff is the flip and the refi, which are the least certain numbers on the page.” ▲ 75
“You are assuming both draws land on time, the refi closes in 3.5 months and the Home Depot financing covers materials..... that's a lot of conditions stacked on each other. If any one of those slips even a month... you are paying the employee out of pocket before the property tax hit even lands.” ▲ 70