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Updated over 16 years ago,
Finding a GC
I'm starting to buy REO properties that I plan to rehab and sell/rent, but want to systematize this effort as much as possible. This means doing as little of the actual rehab work as I possibly can, so I can focus on marketing, sales, and other parts of the business.
With that in mind, I'm trying to find some good General Contractors who can manage a large part of each project themselves, can pull permits, bring in subs, etc. The problem is, it seems like all the GCs I'm speaking with fall into one of two buckets: they are either not licensed/insured and work "under the table" or they focus on high-end remodeling and renovation and charge ridiculous mark-up.
Does anyone have any suggestions for finding those guys that fit right into the investor sweet-spot: the ones who are licensed/insured and don't need to be babysat, but do a good bit of the work themselves and focus on rehab-quality work at reasonable prices?
Actually, it's not so much finding them (I have a list of 100 GCs that want to work on my projects), it's knowing which questions I should be asking to figure out if I've found this kind of contractor without having to walk them through my properties and get bids from each of them?
Thanks for any info!