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All Forum Posts by: Mike Mendoza

Mike Mendoza has started 3 posts and replied 21 times.

Post: Cleveland (Northeastern Ohio) Meetup?

Mike MendozaPosted
  • North Royalton, OH
  • Posts 21
  • Votes 6

in

Post: Looking to network w real estate agents in Cleveland

Mike MendozaPosted
  • North Royalton, OH
  • Posts 21
  • Votes 6
I'm looking to network with real estate agents in the Cleveland OH market who are also active investors please message me if you'd like to network. Thx

Post: using non skilled labor to fix up your houses

Mike MendozaPosted
  • North Royalton, OH
  • Posts 21
  • Votes 6

@Kelly R. we have evening hours, so they come to work when their husbands get home to take care of the kids.  or one only works after she drops off the kids for school then gets them off the bus in the afternoon.  its part time work and make it flexible enough for them. 

Post: using non skilled labor to fix up your houses

Mike MendozaPosted
  • North Royalton, OH
  • Posts 21
  • Votes 6

@Ceril S. that's a great idea I have not thought about.  Hopefully someone in the forum can share their experience with this if they have worked with vocational schools to hire some of their labor to complement their current staffing.  I'm going to call the local vocational schools in Cleveland to see if this is a possibility.  

Post: using non skilled labor to fix up your houses

Mike MendozaPosted
  • North Royalton, OH
  • Posts 21
  • Votes 6

@Mike F. good points, I can see where the confusion was.  If I could change it would read "what is your experience hiring unskilled labor, and developing them with your current professionals to eventually work as your in-house construction company to grow your house flipping business" 

Post: using non skilled labor to fix up your houses

Mike MendozaPosted
  • North Royalton, OH
  • Posts 21
  • Votes 6
@ mike f, the original post was to ask about investor or others experience in building an in house crew and how it related to their success incorporating a similar model to flipping houses. The current model is hire a GC and let them take care of it. the discussion thread has a lot of good points to ponder for me and others who are trying to figure this business out. We were just experimenting doing the construction management piece ourselves. It seems for most using a GC is the best and most efficient way to go. Our hope is to develop an alternative model to use if it works and makes sense.

Post: using non skilled labor to fix up your houses

Mike MendozaPosted
  • North Royalton, OH
  • Posts 21
  • Votes 6
@ greg I think you are implying that a GC does not make any mistakes. I've flipped houses and work with GC's since 1998 in the Cleveland market. I've had my fair share of dealing with their mistakes. There are also very good GC's here also that have done very well for us. To your credit we use a GC for 98% of our flips. This model was only used for two of them.

Post: using non skilled labor to fix up your houses

Mike MendozaPosted
  • North Royalton, OH
  • Posts 21
  • Votes 6
LOL...the Browns don't use any philosophy, just take a look at the national mocking that ensued based on their recent logo "change"

Post: using non skilled labor to fix up your houses

Mike MendozaPosted
  • North Royalton, OH
  • Posts 21
  • Votes 6

@Greg Behan no offense taken.  thanks for responding to the post.  I posted to get feedback and learn from others on this forum.  I think I need to describe this a little more. We have a professional in house project manager and a professional carpenter and other in house former contractors that have worked with us for years to flip these two properties.  They also work on the company's property portfolio.  We teach, inspect, and make sure the product on the other end meets ours as well as professionals standards.  I'm sure were not always perfect or meet the standards 100% of the time but we strive to get better everyday.  the unskilled labor only works on things we have taught and qualified them for.  This takes time but we have been lucky that these laborers have worked out for us and we still are hitting our goals.  We are hitting our bottom line and maybe sacrificing some profit for this experiment, and in my opinion, are doing it in a professional and responsible way.  

Post: using non skilled labor to fix up your houses

Mike MendozaPosted
  • North Royalton, OH
  • Posts 21
  • Votes 6
Originally posted by @J Scott:

If there's a #3, I'm curious to hear it...

I agree with you @ J scott.  we are planning on doing this for the long haul and are investing the time, money and effort on only a small portion (2 properties) of the flip portfolio to see if this works.  So #3 is we are getting lucky. We may be taking longer and/or losing out on some profit potential but we have been hitting our goals for these two properties.  The project manager and I hire those who we feel from experience will be fast learners, and more likely to be concientious about the work we give them.  I will report my findings in the coming months to continue to prove or disprove my ideas on this over a lager sample of properties.