Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
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 about 2 years ago,

User Stats

14
Posts
5
Votes
Matt Rekowski
Pro Member
  • Investor
  • Madison, WI
5
Votes |
14
Posts

Go with my FIL (contractor) for flips and BRRRR?

Matt Rekowski
Pro Member
  • Investor
  • Madison, WI
Posted
Hi everyone,


I could use some advice. I’m getting started in a market where my father-in-law (whom I’m very close with) happens to be a phenomenal general contractor in the area. I worked for him for a few years (while on summer breaks during college), and he and his crew do amazing work. They’re fast and efficient, and I know without a doubt that I wouldn’t have to stress or worry a bit that everything is getting done correctly and quickly.

However, I'm also fairly confident that he charges more compared to the typical "investor-friendly" contractor, as they do a lot of primary residences (typically for high-end homes) and commercial work, and I'd wonder if this would affect the rehab estimate too much (maybe not though?). We'd be looking to buy distressed properties either as fix and flips, or BRRRR deals. Any advice for navigating these waters? I feel it'd be a weird conversation to tell him we want to hire out someone else, but I also realize that if I hired him, I wouldn't have to worry a single bit about getting a fair and honest bid, and knowing that things are getting done without me having to check up on the job site. I'm also not in the area, so it'd give me some peace of mind from afar. Any advice would be greatly appreciated. Thank you!

  • Matt Rekowski
  • Loading replies...