Flipping Houses

How to Work With Contractors and Manage a Job Site as a Flipping Newbie

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manage-contractors

How do you work with contractors and manage a job site when you’re new to flipping? It’s vital to the success of your flip that you learn to communicate with contractors and keep control of the job.

Related: 4 Reasons You’ll Never Find a Good Contractor (Insight From an Investor/Contractor)

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In order to stay organized and keep your flip on track, you’ll want to consider implementing the following:

  • Provide a detailed scope of work for contractors so they know what they need to do and how to do it.
  • Create a system for contractors to relay issues back to you and set a workflow in place. I use Buildertrend for my job sites.
  • Seek out contractors who know how to get things done and manage the quality of the job themselves. It’s worth it to spend the time to get the right team in place.
  • Get a third party home inspector to find problems as early and quickly as possible.
  • Have a daily log sent to you of progress on the job site (including pictures and descriptions of what has been done and a plan for the next day).

How to Work With Contractors and Manage a Job Site

So there you have it! Just remember: If you put good organization, communication, and management in place at the beginning of your project, you’ll have a much easier time completing flips on time and handling any issues that come up.

Any questions? Tips you’d add?

Be sure to comment below!

Christopher Gill is a real estate investor and serial entrepreneur based out of San Antonio, TX. Starting with just $15,000 in working capitol in the past 5 years he’s owned millions of dollars worth of residential and commercial real estate. Come hang out and let's talk real estate!

    Andrew Syrios Residential Real Estate Investor from Kansas City, Missouri
    Replied over 1 year ago
    Good video! Managing contractors is certainly a challenge for any investor, newbie or seasoned alike
    Amanda Isaacson Rental Property Investor from Cleveland, OH
    Replied over 1 year ago
    Great video Chris! Can you provide some insight on what you specifically look for in a general contractor? I’m a multi-family investor in Cleveland and typically purchase older run-down properties. I haven’t yet purchased a property needing as much work as the one in your videos but I’ve had my eye on a few.
    Barri F. from Burke, VA
    Replied over 1 year ago
    Thanks for the video and the tips on managing contractors! I hope you will be posting the “after” pics of that rehab, too.
    Marilou Ancheta from Clovis, California
    Replied over 1 year ago
    Great video. Several helpful tips, I agree about having a very detailed scope of work, and communication is the key! Thank you for this.
    Patty Harris from Sacramento, CA
    Replied over 1 year ago
    I really like your video. I am thinking about flipping and found this useful.
    Darren Lenick Flipper/Rehabber from Davie, FL
    Replied about 1 year ago
    I’d also like to ad, it’s your flip so be onsite as much as possible.
    John McSherry Flipper/Rehabber from Nassau County, NY
    Replied about 1 year ago
    Great Video Chris! Cant wait to see the next one and keep up the good work! John