How much diy

[Reggie Burnett]

just starting out in flipping.  How much DIY or hire all subcontractors for nearly everything?

Should I use a contractor or be the general contractor myself?

Thanks

[Account Closed]

Reggie,

Depending on how handy you are I highly recommend you do as much of the work you can, for starters.  Not only will you save money but you will gain an understanding of the work that goes into a flip so that as you develop your team and systems later, you'll know which jobs you'll want to keep doing (if any) and which parts you want to hire out.

As an example, I typically do the initial clean out and removal of old light fixtures and appliances so I can get a good feel for what all the house needs.  Then I let someone else do the paint and flooring, and I come back at the end to install the new fixtures and appliances, as well as do the landscaping.  This allows me to put the finishing touches on the home.  (If I am adding a closet or removing a wall I will hire a GC.)

This system works for me because I only do one house at a time as a side gig, but for folks who want to make this their full time occupation they may want to spend their time finding deals and let someone else do all the work.  You'll have to find the balance that works for your situation.

Hope that helps,

Vincent