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Should you GC your rehab project 🤔
Doing your own general construction for a rehab project can have several advantages but can be very costly attempting without having knowledge and experience.
1. Cost Savings:By acting as your own general contractor, you can potentially save money by avoiding the markup that professional GCs add to subcontractor fees and materials costs.
2. Direct Control: Managing the project yourself gives you direct control over every aspect, from selecting materials to scheduling subcontractors, ensuring that your vision is accurately
3.Learning Experience: Taking on the role of a GC can be a valuable learning experience, providing insight into the construction process and improving your skills for future projects.
4. Quality Assurance:You can personally oversee the quality of work, ensuring that all tasks meet your standards and avoiding potential shortcuts that some contractors might take.
5. Direct Communication: Communicating directly with subcontractors can lead to clearer instructions and better outcomes, reducing the risk of misunderstandings or miscommunications that can occur when messages are passed through a GC.
6. Financial Transparency:Managing the budget yourself allows for greater transparency in costs, helping you to identify where money is being spent and find opportunities for savings.
It's important to consider the potential downsides, such as the significant time commitment, the need for substantial construction knowledge and experience, the risk of costly mistakes, and the responsibility for managing permits, inspections, and compliance with building codes. If you're confident in your abilities and have the necessary time and resources, taking on the role of your own GC can be highly rewarding.