Newbie Builder Needs Advice
Hi, I am a general paper contractor & new owner of a new(6 mos) somewhat successful construction LLC that rehabs hail damaged roofs, guttering, siding. I have 2 yrs combined experience working for others too. I have my contractors ready to go, and am plugged into my areas resources.
I'm wanting to diversify my portfolio since alot of what I do is dependent on bad weather. I'm looking at putting what I have thus far on auto-pilot run by others so I can do more REI.
I'm young, 22, about to get married and looking for my first home. One thought is to build my first duplex or multiplex, live in one side, rent the other, gaining experience this way so if it goes wrong it will be my resident. I'm weighing that to buying a rehab, looking at the numbers to see what makes sense and continuing to read BP. Also working on getting my GC license.
Any advice be appreciated.