How to find workers?

[Dalton Dellinger]

Hello BP,

I own 7 units, am closing on the sale of my first flip and I am working on my second flip right now. I also own 50% of a construction company and my role in the company is the business side (accounting, legal, marketing) as well as growth and overall efficiency.

I have my eyes and ears out all the time analyzing deals. I have realtors and wholesalers send me deals and look on the sherriff's sales and tax sales. I even have financing lined up to where if I found an awesome deal, I think I could capitalize on it and run two projects at once.

The issue I am facing is finding labor to do the construction work needed on these properties! The work for the construction company is mainly being done by myself, my partner, and 1 or at most 2 other guys. Right now I'm mainly focusing on flips for the upcoming year while the market in my area is hot. Does anyone have any advice for finding quality workers? Or any other kind of advice you could give me? My goal is to be financially independent by the age of 30. I have 4.5 years left and cash-flow wise am already 1/3 of the way to my goal.

[Greg Dickerson]

Originally posted by @Dalton Dellinger:

Hello BP,

I own 7 units, am closing on the sale of my first flip and I am working on my second flip right now. I also own 50% of a construction company and my role in the company is the business side (accounting, legal, marketing) as well as growth and overall efficiency.

I have my eyes and ears out all the time analyzing deals. I have realtors and wholesalers send me deals and look on the sherriff's sales and tax sales. I even have financing lined up to where if I found an awesome deal, I think I could capitalize on it and run two projects at once.

The issue I am facing is finding labor to do the construction work needed on these properties! The work for the construction company is mainly being done by myself, my partner, and 1 or at most 2 other guys. Right now I'm mainly focusing on flips for the upcoming year while the market in my area is hot. Does anyone have any advice for finding quality workers? Or any other kind of advice you could give me? My goal is to be financially independent by the age of 30. I have 4.5 years left and cash-flow wise am already 1/3 of the way to my goal 

The best way to scale is to use turn key subcontractors not self performing in house. If you put some solid systems in place with the right sub crews you can do a lot of volume with a lot less headaches and way more profitably than doing it yourself.