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Updated over 2 years ago on . Most recent reply

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Shaun Fogleman
  • Realtor
  • Kannapolis, NC
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Interviewing a General Contractor

Shaun Fogleman
  • Realtor
  • Kannapolis, NC
Posted

So I'm finishing up building my fix n' flip team and the last on my list is a general contractor. What things should I ask during the first meeting to properly vet a GC? Thanks!

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Alan F.
  • Flipper/Rehabber
  • California
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Alan F.
  • Flipper/Rehabber
  • California
Replied
Quote from @Shaun Fogleman:

So I'm finishing up building my fix n' flip team and the last on my list is a general contractor. What things should I ask during the first meeting to properly vet a GC? Thanks!


 Are you licensed? They should prove it.                                             Do you have liability insurance? They should prove it.              Workers comp? Proof.                How long have you been in business? Proof.                          Have you worked with investors? Proof.                                              May I see some of your work?           References?                                         Do you write legal concise contracts? Proof

Now you double check everything on your own.

You learn more about remodeling and construction on your own and learn from the contractors.

Get multiple estimates in the beginning until you develop a trustworthy relationship with a contractor.

Here's a link to NC contractor licensing. Know it front to back.

https://ncclic.org/

Theres some good contractors on BP, hoping they opine on this thread 

Best of luck on your flip(s)!



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