Hire GC or Not

[Cortney Newmans]

I have flipped 3 properties so far this year. 2 have went great and 1 not so great. I work full time and would like to rely on a general contractor to manage the projects but I just can not seem to find one that is motivated to get work done on time and up to par. The 2 projects that I have had success on I GCed the whole job myself. The downfall is it is time consuming, did not meet rehab timeline, and it is not ideal when you are trying to scale a business. 

I am looking to close on 3 more deals before the end of the year. 

Would you look for other GCs ? Would you just GC the jobs yourself ? What makes you successful when you are running multiple projects at one time and can not be on the job site everyday ? 

All advice is welcomed !!!!

[Wayne V.]

It might help to think of a highly skilled GC, as you do a hard money lender. They're expensive but if they're good, your project flow will increase as will your profitably. A good GC will be knowledgeable in all of the trades, will be able to choreograph the project increasing efficiency and shortening project time, all of which should ultimately cover his cost. Think of running multiple small projects as running a big job with many work segments. You just can't do it effectively without a GC or at least a good Project Manager.