first fix and flip!! contractors?

[James Snyder]

My wife and i just purchased our first real estate deal that we are both excited and nervous about. One of our questions are is it cost efficient to hire sub contractors and manage the rehab ourselves or hire a contractor to do the over all work? What are the benefits and down falls of both? Also, does anyone have any recommendations on companies for south Jacksonville Fl?  Thanks in advance for any and all HELP.

[Carlton B.]

If you do it yourself you will learn a lot very quickly, but that only matters if this is something you will do going forward. Also you will start to build the same relationships as the GC which is also very valuable. So if this is something you will be doing going forward it will payoff, even if hurts in the beginning.