Builder Need for 88k Property

[Shi Esguerra]

Hey gang, I’ve gotten a good deal of is dom from forum postings. I’m looking at a property in the DFW area for 88K. My realtor is an investor herself and she’s a reg in fix and flip. She suggests that the property has great potential but advises it be a total knock down and rebuild. Any suggestions on how to find or vet a contractor/ builder? She is looking for people as well. I just don’t know where to search and I’m not sure what I need to say for my needs. I understand that the contractor I have can’t do that. He demo/reno. But apparently someone who can rebuild  needs  to do the permitting. This is still new to me while learning. Any tips? 

[Diego A.]

I haven't done a complete rebuild, but I am working with a client so he can build in a land. The permit seems scary but it is not that hard, you just have to go to the city and talk with their permit department to figure out what all you need.

The contractor has to be registered in the city to be authorized to do the work.

Of course, there are going to be a lot of documentation and the city will need to inspect the process. This is in general done by the project manager handling the project. 

In my investments, I am doing the project management and my general contractor works with the team to complete the work, when we present the permits you have to be very well organized to make sure all paperwork is in place.