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Updated over 2 years ago, 04/06/2022

User Stats

912
Posts
107
Votes
Patrick Philip
  • Florida
107
Votes |
912
Posts

How to scale up my development business?

Patrick Philip
  • Florida
Posted

I've been building single family homes for a couple of years now. I now have lenders that are willing to lend to me. I plan to finish 10 houses within the next year. I am reaching the point where I can no longer manage it myself. How do I scale this up so that I can just be the money man and have hopefully someone else do all the work? Every time I've contacted a GC, they want such a large amount of money that I can't do it realistically. They are asking for what amounts to almost half of my profits for their management fee.

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