Investors doing their own Construction

[Gabriel Martinez]

New BP member, just seeking out any advice on any investors doing their own construction or doing parts of the construction phase on their own. Any pros and cons, is it a waste of time? Of course everyone's projects and time are different, but for the ones who do most of it themselves how does it work for you?

Thank you, 

Gabriel in Austin, Texas

[Aaron Linde]

I think you'll find most people start by doing every thing themselves. Nothing wrong with it, especially if it works for you and your situation.

Pros:  Save money

Cons: Takes more time (unless your "job" is your flip).

Analyze both angles.  I do less construction than I used to do, because "time is money".  If doing the labor myself saves $2500 in labor costs, but prevents me from getting the flip back on the market and/or increases the holding time - I have to decide which works best for me.