All Forum Posts by: Elizabeth Cook

Daniel, 

We ended up using Shane Utesch, mentioned above, but our project is only halfway through now. I will give you feedback via PM when we're finally done.

Do you have rentals in the Springs or are you flipping?

Betsy

We are about to purchase a house to flip and need a General Contractor to work with.  Anyone have recommendations?

Colin,

Rick Powell is a great CPA and he has experience with RE investors.

Betsy

Thanks Manolo and Travis. You've both been very helpful!

Travis,

Thanks for your input!  That is right in line with what we were thinking.  In your example above, when you pay the GC for the rehab, are you paying for his costs and a GC markup? Do you know how much markup GC's generally tack on?

We're considering partnering with a GC who is a good friend of ours. We will be purchasing a SFH and paying for all of the rehab, so we'll have all of the risk. The GC has all the rehab experience and contacts. If he gets a percentage of the net profit, then he's incentivized to keep costs low. How much markup does a GC generally charge investors? Or better yet, what percentage of the net profit would you offer? Would you suggest some reduction of percentage points for going over estimated time? Any other conditions that I'm too new to know about? Thanks so much!

Gabriella,

Another one in the COS area is Brunk & Brunk (Tom and Brenda Brunk).  I've never worked with them on property management, though, just good friends with them.

Good luck!