Landed first flip (Yahoo!)- Need a GC!

[Matthew Marcelissen]

Hi, forum!

After getting my real estate license, analyzing over 100 deals on MLS, visiting MANY houses (omg Houston is huge), submitting 13 offers in two months (!), I landed my first flip! It's a 4/2 colonial in 77042. It's what I would call a grandma special. LOL. It needs about $50k of work to reach it's $400k ARV. I'm having a the local flip reno guys bid on the deal (Fast Track), but I would like other bids as well. I'm trying to finish the SoW as quickly as possible, but I would like a GC lined up before I close mid-July.

Can anyone recommend me to investor-friendly (i.e. not retail) contractors?  

I appreciate the guidance and will keep you updated on the progress!!

[Dave Chapa]

Congratulations!

I haven't used Fast Track however several friends on mine have, and they all had good results. I have used Accent Construction Services, Inc., in the past and they did a good job for me on a 90k renovation.

As for "investor friendly", I learn this saying from a customer of mine many years ago, "Cheap is not quality and Quality is not cheap".

I believe in building long term relationships where both parties can make money. I have a sub-contractor that will MAKE time for my projects because he knows he can make money and won’t be beat down on everything. We both make money :-).

So, find a couple of good quality GC and build relationships for the long game.

Look forward to reading about your success!