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Updated about 7 years ago,

User Stats

98
Posts
19
Votes
Jon Passow
  • Rental Property Investor
  • Cleveland, OH
19
Votes |
98
Posts

BRRRR Renovation- Individual contractors or company?

Jon Passow
  • Rental Property Investor
  • Cleveland, OH
Posted

Looking to have BRRRR as my main investment strategy and I've got a question about the renovation portion. Since I'll be investing out of state, I'm looking to purchase multi-family homes that need a major facelift (basically taking it down to the frame, new drywall, paint, windows, roof, cabinets, fixtures, plumbing, wiring, etc). When it comes to the renovation, do you hire each individual job out (ie: find a plumber, hire an electrician, etc etc) or hire a company that has all of these qualified employees that'll come in and do it all.

Looking to turn around and have a place completely renovated in 4-6 weeks and ready to rent. If it's hiring a company to do all of it, what would that be called? A Construction Company? A Remodeling Company?

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