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Updated over 5 years ago,

User Stats

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

Looking for advice for Home Building Contracts with GC's?

Patrick Philip
  • Florida
Posted

I have done some flips, but never a new home build. I'm doing my first one with an "owner-builder" so pulling the permit is not an issue (I know how to do all the paperwork stuff).

In the future, if I need a GC to pull the permit, I would like to still have the option of firing him from the job if things don't go well. I would want full control over what subs are used. And if he's not willing to do that, I want to make sure that he's going to stay on schedule with a heavy penalty for getting behind schedule. Also, I would want a lot of retainage left that he will get only on 100% completion.

Am I being realistic here?

I wouldn't mind just paying someone to sign the permit, and then handling everything myself to be honest.

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