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Updated 9 months ago,

User Stats

6
Posts
7
Votes
Jason Hutcheson
7
Votes |
6
Posts

What is a going rate on general contractor fees today?

Jason Hutcheson
Posted

I am under contract on a flip that is not in my area so I will be hiring a GC to manage the renovation on this project.  I am not familiar with the rates for GC services so wondering what advice any of you could give.  Is it standard to pay a fee or a % on profit of the project or both?  Have you incentivized a GC with bonuses to meeting or exceeding cost/schedules?  I have been serving as my own GC on all my projects up to this point so not sure how to approach it.  Any advice would be appreciated. Thanks!

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