All Forum Posts by: Adam Abdel-Hafez

that is a good point @Rick Baggenstoss, I say my point of view because I know my guys are doing the right repairs whether it's permitted or not. If you don't have that trust in your contractor then that may be a problem.

@Ericka G. east Point is a pain to deal with in regards to permitting. Honestly, I would say it depends on the street. If it's on a main road or there are other flips going on then I would pull their permit. If on a side street where there is no flipping going on, I wouldn't worry about it.

John Ma , I don't think it's as terrible as a proposal as everyone on here says it is. It really just boils down to finding a good contractor you can trust. Also, as previously stated, if this person is an individual doing the work then you better expect problems when he is not getting paid anything for your rehab. He will move on to other jobs and put hours on the back burner, since he needs money to survive. I would say that would be one of the bigger problems. I have done deals where we pay for the rehab, do the design, etc to where the owner doesn't do anything put name on the property title and after the sale we split profits. That has worked very well, but both parties have to have trust in each other. You also need to know roughly how much repairs cost in order to tell if the contractor is marking up his labor.

ha, that's funny I used to use him. He was kind of sketchy, he would send me information under David McLean and David McClain. Then all of a sudden he left randomly and I couldnt get a hold of him. 

@Michaela G. Just curious, Who do you use for HVAC? I am in the process of deciding whether or not to hire an employee to get my hvac costs down, but if a different company can get the job done then I would be more than willing to do that.

I would not look much at Rs means, that is more retail/commercial pricing and what you're looking for is investor pricing. 

@Brian Buckley I think that sounds like a good plan. I would recommend purchasing both of J Scott's books on rehabs. It will give you a general idea of the process and how to estimate costs. 

@Brian Garrett I never said to not trust your gc, I am saying that the client needs to make the scope of work. I have done rehabs and created scopes of work for clients, but these are investors I work with on a volume basis and know well. We both trust each other, so unless you have that then you should be creating the scope of work. I would suggest you get your real estate agent, friend, etc help you with creating a scope of work. You need somebody to help you through this process because creating a scope of work is not if you are inexperienced.

Well, first thing is you never let a contractor make the scope of work unless you trust them or were referred by somebody that he does that kind of stuff for. You will always get different estimates if you do not provide the scope of work for them. Unless you have some experience in construction, I think you are way off on how difficult this will be for you. A $125k rehab is a very extensive rehab, which is a very rough start for a newbie. It's not just about the time spent on the project, it's knowing how to schedule subs, what materials to buy, how to get those materials to the job site, permits, budget, etc.

I would have to agree with Brian Garrett , when I started out I had very little construction experience. I came from an engineering background, so I had no idea how to create a scope of work. I had a mentor that assisted me on doing all of this, whom now is my business partner. You need to find somebody to help you and that can't be a contractor bidding on your project