Seeking Advice on Finding, Vetting, and Managing GCs for New Construction

[Cj Gooden]

Hi BiggerPockets community!

I’m diving into new construction projects as a real estate investor with a full-time job, and I’d love some advice on how to best find, vet, and manage General Contractors (GCs). Balancing a 9-to-5 with my real estate ventures is a challenge, so I want to ensure I have a solid team and efficient processes.

1. Finding Reliable GCs: What methods do you use to find dependable contractors for new builds? Are there specific networks or websites that you’ve found helpful?
2. Vetting GCs: What criteria or red flags should I consider when vetting GCs for new construction? Are there particular questions or documents you always request?
3. Managing GCs While Working Full-Time: Since I can’t be onsite daily, what management techniques or tools do you recommend to stay updated on project progress and quality control? Any tips on remote oversight?

Thanks in advance for any insights, resources, or experiences you can share. Your advice would be a huge help as I work to grow my real estate business!

[Natalia Rhinehart]

First, figure out if you are choosing based off of price or qualifications. It will determine your route. 

- Ask the local realtor association and a local contractor association for referrals. There's usually a list online.

- When vetting, other than actually looking up their credentials and verifying the workers comp and general liability, be sure to ask for a list of their current sub contractors. Check to be sure all are in good standing. 

- Get a list of previous work and call/visit the sites. Also, you can find so much info on bad vendors on facebook groups. 

- Ask the GC how would they keep track of everything and can you get access to it? If they use a Project Management site like Monday or an excel spreadsheet.