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Updated 6 days ago on . Most recent reply

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Matthew Dangerfield
  • Investor
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Finding GCs that work with flippers

Matthew Dangerfield
  • Investor
Posted

If you didn't already have a list of general contractors built up from your time in the flipping industry, how would you start your search? Realtors? I have experience investing in 2 rentals properties now and finding Realtors wasn't a challenge. Now I am ready for my first flip, but finding contractors that work with flippers in Dallas is becoming more of a hurdle than I expected. 

I appreciate any advice here

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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
Replied
Quote from @Matthew Dangerfield:

Thank you Andy! 

I would probably be paying a contractor $250 to provide a rehab quote.  Probably 1-2 hours of drive time and probably 1 hour at the property and another 1-2 hours of quote time.   You should know your pricing where you don't need a GC to come out on every potential buy.  Do have them out once you get a deal under contract.  Maybe negotiate the fee to go towards rehab if you use them.  None of my GCs give "free" quotes anymore.   Too many people try to use good contractor quotes to get better deals from other contractors or think they can find someone to do it cheaper.

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