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Updated over 3 years ago,

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Eric Brand
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GC vs Handyman, plus suggestions in the Charlotte, NC Area

Eric Brand
Posted

Hi everyone!  First time posting, started reading some of the BP books a few months ago and have started listening to the podcasts daily.  I'm ready to purchase my first investment property but I don't know what I don't know yet.

My question is in general but I'll use the current property I've found as the example.  I've found a home in a great location but would require some major renovations before renting.  From what I can tell, probably needs a new roof and exterior paint.  Would definitely need new interior paint, flooring, kitchen cabinets, appliances, and sure there's other minor and cosmetics to be found.

1a)  Would I need/want a general contractor for all of these renovations or do I need a "handyman" for most of these items but maybe the GC or separate vendor for the roof/major areas?  

1b)  Or do I need to piece together several vendors instead of finding 1 that does "everything"?  

2)  What is the best way to quote repairs before buying a home and having access to show a vendor the property in person?

Please reply if you need more information or have general advice to a beginner, I appreciate any direction in these early stages!