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Updated about 10 years ago, 01/02/2015

User Stats

104
Posts
32
Votes
Jaime Penix
  • Investor
  • Tampa, FL
32
Votes |
104
Posts

General Contracting, a good idea for the novice?

Jaime Penix
  • Investor
  • Tampa, FL
Posted

This might be a silly inquiry, I don't know. But I was speaking with the subcontractor doing some work on one of my places, and he is trying to convince me to get a General Contracting license. He went on to tell me about how he convinced a former Girlfriend of his to do the same and she did. Also he admitted that as soon as she became successful, she dropped him like a hot potato. So now this guy is sounding so excite about me becoming a general contractor. I guess this is a good idea for someone, but I have a profession. Regardless, I looked up the requirements and  all I have to do is pass a test. The 4 years of working experience would be waived because I have a bachelors degree (I also have a terminal degree as well). My question is, can someone with little or no construction experience become an effective general contractor? Would the lack of experience kill any reasonable chance of being a successful contractor. If so, in what fashion will it be hinder. I am not trying to say that I am Einstein or anything but I dont think that  there is anything inside of a house I can not learn and understand with study. I believe with course/test prep I can pass the test. I am just not sure if it would be wise to do pursue something like this with the experience I have. I guess one can start small and build up. BTW this would not be a primary profession, just a supplemental one.

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