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Updated about 8 years ago, 09/19/2016
Need Help with Contractor Side of the Business
Hey Everyone,
I have been investing in Milwaukee / Wisconsin for a few years. Besides some rentals, I own a few retail businesses, but am looking to put more time into real estate because it simply interests me more. I find fascinating the business of finding deals, negotiating contracts, managing assets, etc etc. However, I'm not a construction guy. I have built commercial properties, but that seems to me to be a different game. When I build a car wash or a gas station, we go to 3 or 4 large GC firms, bid a job from architectural blueprints, get a NTE, etc.
How do you go about finding contractors to work with. Can the numbers on flipping work using a gc, or should I be trying to put together lists of "subcontractors", like a flooring guy, a roofer, so on...
Eventually, in my perfect world, I would have one or two guys/companies that I trust, I would bring him in during our initial walk through, we would price the job out, and get the work done...move on to the next deal. I wouldn't mind supplying design element materials, but I don't think anyone would want me helping to install them.
I realize this is a broad topic without even a really clear question. Nonetheless, any guidance or experience is greatly appreciated.
Thank you!