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Updated about 8 years ago on . Most recent reply

User Stats

44
Posts
13
Votes
Damon Wong
  • Investor
  • Hermosa Beach, CA
13
Votes |
44
Posts

Seeking General Contractor in Baltimore MD

Damon Wong
  • Investor
  • Hermosa Beach, CA
Posted
I'm looking to purchase a highly distressed property in Baltimore, Maryland and looking for any recommendations for a good GC to help me through it. Probably purchasing within a month or 2 if I find a suitable property. Many I have looked at via auctions need major work. Any suggestions would be great. Thank you.

Most Popular Reply

User Stats

121
Posts
60
Votes
James A.
  • Flipper/Rehabber
  • Pittsburgh, PA
60
Votes |
121
Posts
James A.
  • Flipper/Rehabber
  • Pittsburgh, PA
Replied

@Damon Wong Great to hear you are looking in Baltimore! Wanted to let you know i am here locally and have spent the last three months looking and found a very solid one that I am actually JV with someone more experienced bc it is going to require us to blow out the back and add sqft. I would not take on a project like this myself bc i am newer so it make sense to partner with someone who is more experienced. Yeah you have to share the profit but the knowledge you gain way out trumps the $$$. I actually went to an Auction week ago and 20 other investors were there. The property Arv was 140 and got bid up to 75k plus the auction fee and needed 30K. Am sure you can do the math, don't think they were fixing and flipping but my point is that auctions get competitive so make sure you know your numbers going in and stick to them. Just wanna let you know that I am a resource here and def feel free to reach out. If you aren't that experienced don't let that discourage you, make sure you are being smarter and more diligent. Don't know how familiar you are with Baltimore but might not hurt to take a day drive up and look at some neighborhoods. Hope to see you posting about your new flip soon!

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