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Updated over 1 year ago on . Most recent reply

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147
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Cheryl Schuck
  • Real Estate Agent
  • Parsippany, NJ
53
Votes |
147
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Renovating first project

Cheryl Schuck
  • Real Estate Agent
  • Parsippany, NJ
Posted

Hi, I am working on my first flip and have started bringing in GCs for estimates. Since I know a lot of individual contractors, would you recommend speaking with electricians, plumbers etc to cut out the middle man and engage them in the project or would you suggest that I work with a GC and let him pull his team together?

Any thoughts on this would be most appreciated.  FYI, project is in North Jersey

Most Popular Reply

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337
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Vadim F.
  • Investor
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337
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Vadim F.
  • Investor
Replied
Quote from @Cheryl Schuck:

Hi, I am working on my first flip and have started bringing in GCs for estimates. Since I know a lot of individual contractors, would you recommend speaking with electricians, plumbers etc to cut out the middle man and engage them in the project or would you suggest that I work with a GC and let him pull his team together?

Any thoughts on this would be most appreciated.  FYI, project is in North Jersey


 Are you ready to be a project manager and manage/schedule the jobs when they are needed? Also, how much of a potential savings would it be vs how much you value your time? Also, are you able to order all the needed supplies needed for the jobs? If you are managing the project yourself, you will be 100% devoted to that. In the end it comes down to your level of experience working with different trades and how much of savings vs value of your time. Good luck!

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