GC vs. Sub Contracting

[Aj Bowman]

Hi Everyone, Just kind of wanted get everyone's opinion on this. I am putting offers on some of my first houses in Maryland to flip. I just wanted to hear some of advantages and disadvantages to having a general contractor vs subbing out all the work. I have a GC but I also have a people who can do floors or paint ect. Just want to see what everyone else thought. Thanks ahead of time, AJ

[David Nolan]

@Aj Bowman The question you might want to ask yourself is how do YOU make money? I make money doing deals, not working as a GC. Even though I know what to do I am more profitable doing what I love and delegating everything else. If my deal will not allow enough margin to hire professionals to do the work then all I have done is bought myself a job and a poor deal. I have not invested money. Good deals have enough money in them to allow me to hire professionals across the board from designers, architects, GC's, landscape gardeners, engineers, surveyors and the list goes on. I make money doing deals not being something I am not.

Get your self a really good team of professionals that you can trust to do the job to the standard you expect and then let them do their jobs. That way you can focus on what makes YOU money.

Good luck on our journey!