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Updated over 10 years ago on . Most recent reply

User Stats

10
Posts
4
Votes
Carlo Michelotti
  • Real Estate Investor
  • Rochelle, IL
4
Votes |
10
Posts

Residential Contractor in Chicago's NW Suburbs

Carlo Michelotti
  • Real Estate Investor
  • Rochelle, IL
Posted

I recently started in 2015 as a contractor for a house flipper. I noticed that many real estate investors in my area (Northwest Suburbs of Chicago) mention the need for reliable contractors, and I believe I can expand my business to serve this market. I am hoping that the BP community can help me learn how to become the best possible contractor and find additional work.

I am also very interested in real estate investing myself. I am ready to purchase a home, and I would like my first investment property to be a fixer-upper that I could rent out and/or flip. I am on BP to learn how to find and recognize a great investment opportunity, how to be a successful landlord without spending a lot of time at it, and how to keep a good handle on my personal and business finances at the same time.

Most Popular Reply

User Stats

41
Posts
19
Votes
Tony Reyes
  • Contractor
  • Chicago, IL
19
Votes |
41
Posts
Tony Reyes
  • Contractor
  • Chicago, IL
Replied

Hey @Carlo Michelotti,

Welcome to BP. There is tons of useful tools and awesome content to help sharpen the ole ax. 

I believe one of the ways you can be a better GC, aside from what the previous gentlemen stated. Would be to learn the difference between a good deal and bad deal. This will allow you become more of an asset to your investors/clients. You will be a sounding board of reason and even help suggest ways for them to maximize there returns. 

This will help position yourself as a resident expert of construction in the realm of Real Estate. 

Good Luck!

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