Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

157
Posts
71
Votes
Dustin Frank
  • Real Estate Agent
  • Kansas
71
Votes |
157
Posts

How many of you Flippers work with a contractor

Dustin Frank
  • Real Estate Agent
  • Kansas
Posted
I am wanting to combine capital from multiple investors and purchase properties for flipping. Do any of you that currently do this have a go-to contractor? How did you get connected with them? I feel hesitant to pull the trigger on many of the flips I find. I estimate repair costs and the numbers make sense to move forward but I feel that I should work with/ get the opinion of o professional before I pull the trigger.

Most Popular Reply

User Stats

595
Posts
344
Votes
Carson Wilcox
  • Davis, CA
344
Votes |
595
Posts
Carson Wilcox
  • Davis, CA
Replied

I am currently doing my first flip.  Using a contractor...

REAL numbers are the issue with self estimating. Imagine you are off by $10k... what does that do for your numbers...  permits... how much do they cost... let me tell you, more than you think...  ANd TIME... usually with flips, holding costs with long holds are killers..  unless you are REALLY dialed in with subs... are you gonna get bids for each trade and get everything scheduled etc... This is where a contractor comes in.  You are paying for their knowledge, their network.

Loading replies...