I am looking for general contractors or PM for a new build in Houston. How can i find one that will work with investors?
@Jeremy Hicks Define "work with investors." That's going to be the catch, I suspect. Builders won't give you a deal because you're an investor; to them you're simply another customer - likely one who's more concerned about price than anything else.
You might be able to work out a deal where the builder shares in the profits at sale in exchange for a lower margin on the construction, or some other funky profit-sharing arrangement, but I wouldn't lead with that offer unless it's an especially juicy deal.
I'd start by hiring a guy you feel comfortable with and then building a relationship. Show him you're reasonable, trustworthy, and interested in building a mutually profitable partnership, and you'll have a valuable team member that can help you in lots of ways beyond just building new houses.
I agree with @Andrew Taylor. I have a builder that I work with on investment deals, but I am not asking him to cut deals. I have a builder I can trust to make sure I meet my goals for the project. He makes money, and I make money.
Agree with everyone else. I’ve spoken to a few builders to build on lots, and none of them are ever willing to discount their product because it’s an investment property.
I see thanks for the input. @Brian Alfaro can you send me your builder for an estimate on some plans I have?
I’d love to look at your plans and see if I could help you!
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