@John Leavelle Thank you for the suggestion! I definitely plan on reading J Scott's book, it seems to be a staple for any newbie rehabber. Do you always have the GC walk the property and give you the estimate before you are under contract? Is this usually something you do on the first walk through, or do you have the GC come in after you've seen it to vet it yourself?
My wife and I have the time now and not necessarily the money, and are hoping to do at least our first rehab mostly on our own. If anything, just to gain experience that goes into a full rehab so we know how to communicate what we want with future GC's. We are so new to this so excuse the ignorant question, but can we hire a GC to walk through the property and give us an estimate of what they think materials may cost and then use this to rehab ourself? Or would this be non kosher and hurt relationships with future GC's?
Yes you're right, meeting other investors is essential to learning! And I definitely plan to join future local REI groups and connecting with people to help and learn from!
