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All Forum Posts by: Matt Thomas

Matt Thomas has started 4 posts and replied 14 times.

Post: Massachusetts Hire a GC or Not

Matt ThomasPosted
  • Worcester, MA
  • Posts 14
  • Votes 1

Thanks @Brian Lucier.  That kind of puts the whole thing into prospective.

Post: Massachusetts Hire a GC or Not

Matt ThomasPosted
  • Worcester, MA
  • Posts 14
  • Votes 1

Haha, thanks for the advice @Jason Turgeon.  I definitely don't want that.

Post: Massachusetts Hire a GC or Not

Matt ThomasPosted
  • Worcester, MA
  • Posts 14
  • Votes 1

Hello,

I'm just wondering what the consensus is for people doing rehab projects in MA regarding general contractors?  I have some background in building materials and have rehabbed a couple of my own homes, but have never done a major rehab or true flip before.  I'm currently considering the purchase of an inherited home from some family members that will require an extensive rehab.  I'm familiar enough to know what the scope of work is and what the process should be, so my initial thoughts were to sub all the work out and have them pull their own permits for each job.  Reading some of the other forums about GC's got me thinking about legal requirements and liability.  Obviously, MA is famous for being highly regulated, so I don't want to end up with problems down the road.  Does anyone know if my approach would be legal for a investment property (not owner-occupied) and whether or not I'd be assuming liability for the work that was done or any workers getting injured?  I would assume that the subs' insurance and my own property insurance would cover this, but figured I'd ask people with more experience.  Thanks.

Post: Massachusetts Rehab Costs

Matt ThomasPosted
  • Worcester, MA
  • Posts 14
  • Votes 1

Thanks @Rita Dourado.  That's looking like the common consensus, unfortunately.  Its good to know up front.

Post: Massachusetts Rehab Costs

Matt ThomasPosted
  • Worcester, MA
  • Posts 14
  • Votes 1

@Dan Milinazzo Thanks for all of the info, it is extremely informative.  I had no idea about those other resources out there.

Post: Massachusetts Rehab Costs

Matt ThomasPosted
  • Worcester, MA
  • Posts 14
  • Votes 1

Thanks for the reply @Enis Shehu.  I was kind of afraid of that answer, so that's why I wanted to ask.

Thanks @Kevin Hayes.  Much appreciated.

Post: Massachusetts Rehab Costs

Matt ThomasPosted
  • Worcester, MA
  • Posts 14
  • Votes 1

Hello,

I recently purchased and read @jscott's book on estimating rehab costs.  It was very informative and helpful, but as the book mentions, labor costs vary widely across the country so there is no way that every market could be covered.  I was wondering if anyone from the Massachusetts area has also used this book as a reference and whether or not the labor estimates seem to be close to what is actually being charged around here?

@Damian Bialonczyk

Hi Damian,

I'm also looking for an electrician in the Worcester area.  Do you mind passing your contact along to me, as well?  Thanks.

Post: Introduction from New Investor

Matt ThomasPosted
  • Worcester, MA
  • Posts 14
  • Votes 1

Thank you for the welcoming responses.

@Brian J Allen I'm trying to do a non-owner occupied fix and flip.  My family has a house on the west side that is being passed down through an estate.  It has a relatively small note on it and needs some work, but has some potential with the location.  I'm just trying to figure out the financing part now, as this is the first time I'm trying to buy a house that I don't intend to live in.