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Updated about 3 years ago, 10/13/2021
Rehab company VS Independent GC VS Self managing subcontractors
Hi! I'm wrapping up my first SFR deal, it has been a gradual learning process and I tackled one issue per month; it was very time consuming, frustrating, and I was more involved in every step than I would like to be moving forward. For my next projects I need them to move a lot faster and am just looking for some insight into some of the trade offs of using an all-inclusive home rehab company, vs hiring a GC to manage the entire project, VS doing what I did and self managing the subcontractors.
I imagine I'd pay a premium for any sort of all-inclusive service, so I'm curious - have any investors out there made any of these rehab companies work with their ROI? Or have you built your own teams gradually the way that I have been doing on my current project? Or some combination of both approaches? Any tips for success with either approach?
Specifically looking to relocate to get started in Columbus, Ohio, so I'll be starting with a new team from scratch, so I would also appreciate some recommendations of companies/contractors to work with
Thanks for sharing!