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Updated over 6 years ago on .

User Stats

6
Posts
0
Votes
Eugene Rey
  • millburn, NJ
0
Votes |
6
Posts

hiring a fulltime electrcian to work on flip properties

Eugene Rey
  • millburn, NJ
Posted

I flip 10-15 properties a year and was wondering if i should hire an Electrcian that has a few trucks out there on the road and pay him monthly regardless if i can keep him busy all year. that way when its time to rehab a property he gets his guys over there and i just pay for the supplies. maybe 30-40k a year. probably 50-75 days a year. like a subscription.  whenever i need help with a house or a building its covered. and every year it gets adjusted depending on how many houses i do. its a win for him because he gets passive income and if he gets a few more investors like me he can really expand his buisness,  and a win for me because i will cut costs and time by bidding jobs out. I am in NJ