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Updated almost 3 years ago on . Most recent reply

User Stats

70
Posts
22
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Chris Trupiano
  • Investor
  • Kansas City, MO
22
Votes |
70
Posts

Guidance and Advice on GC nightmare

Chris Trupiano
  • Investor
  • Kansas City, MO
Posted

Hi All,

My first two flips taught me too many lessons  I’ve brought into the ones following. Unfortunately they’re still weighing me down.

I used the same GC for both of them and mismanaged him quite spectacularly. I’ve paid over $50k of unfinished work on the first, and over $10k on the second. 

For months now, he’s promised completion of certain components and not delivered. There has been very sporadic progress but not nearly for the amount paid. 

The projects at in months 7 and 5. Im at a point of loans needing to be refi’d soon. I’d like to attempt to work with this GC since I doubt I’d see a dime if the funds paid for incompletion. 

How would you motivate or manage this GC to complete more work?

Thanks in advance. 


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