Rare finding good Chicago General Contractor, Wholetail instead?

[Daniel Guerra]

Hey BP Nation, 

Hope all of you are doing well.

I have been looking for a reliable General Contractor in the Chicago area for some time with no luck. It makes sense that the good ones are just too busy in this market. GCs are starting to charge money just to walk through a property.

I'm considering just Wholetailing my flips (paint, flooring, necessary fixes required by conventional loans, etc.). Faster, less costly, and the profit would be good enough.

What do you think about Wholetailing in this market? What are some of the Pros and Cons? Is it just as simple as putting a lipstick on a pig?

I just can't think of many drawbacks with Wholetailing. I think Wholetailing doesn't make sense for older homes (Plaster with no vents, knob and tube, etc.). Also, homes that are just a total disasters (combinations of a bad roof, bad HVAC, bad siding, extreme mold, etc.).  

Anybody want to make a book about Wholetailing? I think there's a demand for it.

Please share your thoughts. Thanks!

[Crystal Smith]

Originally posted by @Daniel Guerra:

Hey BP Nation, 

Hope all of you are doing well.

I have been looking for a reliable General Contractor in the Chicago area for some time with no luck. It makes sense that the good ones are just too busy in this market. GCs are starting to charge money just to walk through a property.

I'm considering just Wholetailing my flips (paint, flooring, necessary fixes required by conventional loans, etc.). Faster, less costly, and the profit would be good enough.

What do you think about Wholetailing in this market? What are some of the Pros and Cons? Is it just as simple as putting a lipstick on a pig?

I just can't think of many drawbacks with Wholetailing. I think Wholetailing doesn't make sense for older homes (Plaster with no vents, knob and tube, etc.). Also, homes that are just a total disasters (combinations of a bad roof, bad HVAC, bad siding, extreme mold, etc.).  

Anybody want to make a book about Wholetailing? I think there's a demand for it.

Please share your thoughts. Thanks!

I think Wholetailing is property dependent. Where I've seen it work is when a the seller guts a property, leaving a clean canvass. Then sells it at a reasonable cost for the next person to make some money after renovating then selling or renovating & refinancing.  Where I have seen it fail is putting lipstick on a pig then attempting to sell it at an unreasonable price.