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Updated almost 8 years ago on . Most recent reply

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Jonathan Gracia
  • Indianapolis, IN
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Having contractor troubles

Jonathan Gracia
  • Indianapolis, IN
Posted
I'm trying to flip a house with almost no money. Let me explain. I'm financing a house though a bank and also getting the rehab included in the mortgage. My issue is finding a contractor willing to do it. Most contractors say they will do it ok the phone and everything goes well until the detailed proposal part. They either stop responding or say they a need a few more days then stop responding. Is there anything I can do make it easier? Any recommendations in the Indianapolis area? Thank you in advance!

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Mateusz Prawdzik
  • Developer
  • Little Ferry, NJ
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Mateusz Prawdzik
  • Developer
  • Little Ferry, NJ
Replied

@Jonathan Gracia Agreed with @Max T. and @Ritch Bonisa.. Right now it's building season, contractors have plenty to choose from if they are reputable and have any experience. If you give them a bull **** job or a job where they have to put money out of their pocket, they won't even look at your job. I suggest you do the work yourself and sub everyone out. You'll save lots of money and you'll be able to learn the business very fast and a lot better than to just sit and watch someone else manage his guys. Give it a couple more months and they will be coming to you asking for work and they'll take any price that isn't 0 when that time comes. Happens to everyone that I've worked with, when they are doing fine and are busy they tell me to go screw myself and when my time comes where I have work and they don't, I tell them the same.

My suggestion is to just manage it yourself, and you won't ever need a GC. Find a framer, tile guy, roofer, siding guy, kitchen guy, floor guy, molding guy, door guy, painter, stucco guy, mason, and the list goes on. it takes a while to get the best prices but with that being said, everything comes out cheaper.

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