Hiring a GC vs Subbing work out yourself

[Richard Dee]

I'm curious if most of you guys hire a GC for your projects or do you subcontract the work out yourself? Do any of you have a crew of workers you pay a salary that go from project to project?

[Brian Nostrant]

Hi Richard,
I'm sure that there will be a hundred opinions on this. In the markets where I focus, there just is not enough money, in even the very best of deals, to hire a General Contractor on any investment deal. I am, and have been for the better part of 30 years, a GC, also owning many properties and developing / selling personal and client projects. I can say with much certainty that projects where I am hired as a GC by an investor, that I am the only one to make a desirable  profit. If you want to be in for the long haul, you will need to develop your own pool of quality,  dependable subcontractors and learn the game of GC'ing  for your self. The good news is that it is not rocket science!

Good luck,
Brian