All Forum Posts by: Cynthia Mene

I would recommend attending local meetings of investors to get referrals. Are you flipping in DC proper? If are you are in VA I can recommend some good local meetups and groups.

Yes, DC.

0 Votes

Washington, DC

Quote from @Bruce Lynn:

You're asking for the holy grail.

There's a joke in the contracting world, but it is probably based in reality Price-Quality-Speed. Pick any two.

Great question, no easy answers. i would go with the recommendations of friends who have used them before. It's very tough because just because they did a great job for me, does not mean they will do a great job for you. Also seems like 1st job is best, then goes downhill. Also seems to be an issue that many of the people if not most are small contractors...so they're great with one job, but if they get 4 at the same time, it becomes unmanageable for them.

DO NOT pay up front no matter what they tell you. You can pay as work gets done, but an investor and their rehab money are soon parted when you pay up front. Also hold back a good % maybe 20%-25% for the final payment. Plenty never like to finish the punch list. Holding back that much will help encourage them to finish or allow you to hire GC #2. They will all tell you they want 30-50-100% deposit. Don't do this. Just say no. I get it that they also get burned when people don't pay, but chances are you pay up front and you will learn expensive lessons.

Very good lesson. Thank you so much for sharing.

1 Vote

Dallas, Texas

Hello BP Community - I'm a new investor looking to start my first fix and flip deal this month. I would appreciate recommendations for reputable GCs in DC to work with or how to find them. I love high quality - would like someone who is very exceptional, investor-friendly, reliable, and gets the job done on time. Thank you for your assistance.

0 Votes

Washington, DC

Hello BP Community - I'm a new investor looking to start my first fix and flip deal this month. I would appreciate recommendations for reputable GCs in Dallas and Houston to work with or how to find them. I love high quality - would like someone who is very exceptional, investor-friendly, reliable, and gets the job done on time. Thank you for your assistance.

1 Vote

Dallas, Texas

Quote from @Travis Biziorek:

Hey Cynthia, that's a wide net you're casting!

If you decide to look closely at the Detroit market I have a bunch of resources I could shoot your way. I also do a ton of off-market deals there.

Thanks Travis. Really appreciate the resource and deals. What is the best way to reach you?

0 Votes

Quote from @Tyler Wehrung:

I run an off-market business and active agent here in Hamilton, OH. Reach out if I can be of any help!

Thank you. Which neighborhood in Hamilton would you recommend for Rental Property Investments?

0 Votes

Hello Fam! My name's Cynthia, and I'm an investor, new to this amazing forum. I am currently exploring opportunities for fix and flip/Brrrr strategies in Austin TX, Washington DC, Cleveland OH, Hamilton OH, and Detroit MI. If you have any exciting deals or insights into the best neighbourhoods to focus on in these areas, please share them with me and consider adding me to your buyer list.

Additionally, I'm on the lookout for investor-friendly general contractors who are great at delivering high-quality, cost-saving rehabs within a low budget. Any recommendations in these cities would be gold. I look forward to engaging with this community and building fruitful connections. Thanks!

0 Votes

All Forum Posts by: Cynthia Mene

Cynthia Mene has started 3 posts and replied 7 times.

Post: Contractor recommendation Needed

Post: Contractor recommendation Needed

Post: Contractor recommendation Needed

Post: Contractor recommendation Needed

Post: Seeking deals and top-notch GCs

Post: Seeking deals and top-notch GCs

Post: Seeking deals and top-notch GCs