All Forum Posts by: Eric Karabinos

Appreciate everyone’s insight. Very helpful. Seems like the crews who can handle most of the work exist and are the most efficient route. Now need to weight time/cost benefit of GC or not. Thanks again. 

Hey BP Community,

I'm looking at doing my second project early this year. I completed a rehab to rental last year and used a GC. This time I'm considering hiring subs myself. I'm looking for advice from other investors who act as their own GC. I'm trying to gauge how many different subcontractors I need, vs. which items can generally be handled by the same guys. There are some obvious ones that I know I'll need specialized subs (foundation, HVAC, plumbing, electric). For other items, (i.e. framing, roof, siding, floors, windows, dry wall, insulation), do people prefer to use one crew who can handle most of this (typically the interior crew), or are there separate contractors who will handle each of these (or some of these)? It'll be helpful to hear opinions of those who flip regularly.

Thanks

Hey Everyone -

I’m an end buyer looking for off-market multifamily properties (2-4 units) in the 77004 area of Houston. I'm looking for projects that need significant rehab. While I've historically done most of the leg work in finding properties, I figured it may be more efficient to connect with some realtors or wholesalers who work in this area. I'm happy to work together on the right opportunities. Please PM if you have any deals available in this area, or if you'd just like to simply chat about opportunities that may arise in the future. Looking forward to connecting.

Thanks,

Eric

Quote from @Kenneth Garrett:

@Eric Karabinos

It sounds like you are moving a house from one lot to another.  Your question is about utilities.  If this is correct, yes you need a contractor and a permit.  Your terminology is a little confusing.  The word transfer could mean your moving and you are asking about transferring utilities to the new address.  Please clarify.

Correct, the house will be transferred from one lot to another. The investor wants the land but doesn't want to demo the house so is selling the house separate from the land. The house needs to be removed from the lot and put on a new open lot.

Quote from @David M.:

@Eric Karabinos

I don't have any experience myself doing this, but my understanding is usually the municaplity and utility company does the work to the demarc point.  Depending on the nature of the expansion, but it sounds like you'd be paying for it...  From there, you need to get your requisite trades or GC to handle the final install to your house.

Honestly, not sure what you mean by transferring utilities from an existing home from one lot to new lot.  Is the home moving, too?

 Correct, the house will be transferred from one lot to another. The investor wants the land but doesn't want to demo the house so is selling the house separate from the land. The house needs to be removed from the lot and put on a new open lot. 

Hello Everyone,

I'm looking at transferring an existing home from one lot to a new lot. The numbers seemingly work, however, there is one variable I'm missing due to lack of experience. What is the process like for setting up utilities when putting a home on a new lot? It's within a city so there will be sewer, electric, water, natural gas, cable, etc. close by. Trying to see if anyone has dealt with this situation before to try to get a sense of a cost estimate or who would handle this work. Is getting a GC involved immediately the way to go, or is it someone else who would handle this portion of the work? Appreciate any feedback. 

Thanks.