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Updated about 6 years ago on . Most recent reply

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18
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3
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Destiny Holmes
  • Lawndale, CA
3
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18
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Los Angeles Contractor

Destiny Holmes
  • Lawndale, CA
Posted

I am currently working on purchasing a flip in Gardena Ca. Are there any investors that can refer me to a contractor that will save a lot of money on the flip? The numbers are

Purchase price $415,000

Rehab $55,000

Closing $550,000

The contractor quoted me $100,000

Do you know someone that can do it for $55,000?

Most Popular Reply

User Stats

49
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29
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Joey Dwyer
  • Realtor
  • Torrance, CA
29
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49
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Joey Dwyer
  • Realtor
  • Torrance, CA
Replied

@Destiny Holmes For some reason investors seem to be really hesitant to refer contractors. 

 Whether it’s because they want to keep them for themselves or just afraid to refer you someone who might not perform well or could gouge you on price.

 We interviewed a ton of contractors on our projects even with ones that were referred. We gave each one a detailed scope of work so they could be as accurate as possible. You’ll get that number down if they know you are interviewing others. But the scope of work is the most helpful.   

 I can send you a few we’ve worked with in the Gardena area but I’d recommend hiring sub contractors out separately and you can narrow it down even more for each job. 

Good luck

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