Why Every Successful House Flip Needs A General Contractor PowerPoint PPT Presentation

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Title: Why Every Successful House Flip Needs A General Contractor


1
Why Every Successful House Flip Needs A General
Contractor
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  • House flipping has become increasingly popular in
    recent decades, and with the profits some
    homeowners go on to make when they buy run down
    properties and renovate or remodel them, its
    easy to see why.
  • However, the success of every house flip is
    almost always dependent upon the quality of
    workmanship, and for many DIY house flippers,
    they simply cant meet the same standards as a
    professional general contractor. Or someone who
    doesnt really know what theyre doing, may knock
    down a wall that could affect the overall
    structure of the property, or choose not to take
    down a wall that could have benefitted the
    property, because they didnt have the know how
    or skill to do it.

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  • What is a general contractors role in a house
    flip?
  • An integral element of any successful house flip,
    the general contractor is responsible for
    overseeing the entire project, from beginning to
    end, and if youre not able to be present while
    the work is being carried out, theyll assume
    that responsibility fully, in your absence.
  • Your chosen general contractor will also help you
    with the financial planning aspects of the
    flipand will guide you as to how long the project
    is likely to take, and how much labor and
    materials will cost you.

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  • As with many construction and renovation
    projects, building permits are often required,
    and an experienced general contractor will know
    what requires permits and what doesnt, and where
    necessary, will take charge of attaining all of
    the necessary permissions from the relevant
    authorities, while keeping you updated as to how
    long the process is likely to take.

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  • Regular inspections are also the responsibility
    of the general contractor, and they will organize
    these at different stages of the project, while
    overseeing them, too. Its important to note
    however, that while the contractor remains in
    charge of the process, it is the building owner
    who is ultimately held responsible for making
    sure that all work is completed within the
    parameters of strict building codes. Any work
    that fails to meet the codes requirements and
    subsequently suffers defects as a direct result
    of this, could see the property owner facing
    hefty fines and/or penalties.

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  • Is it worth hiring a general contractor?
  • If you want a successful house flip that gets you
    the results you desire, then hiring a general
    contractor is as good as essential. Not only that
    but having them onboard will significantly reduce
    your workload and stress levels, and while they
    cost more initially than if you were to have all
    the work carried out independently, correcting
    errors, paying building code fines and waiting
    longer to sell the property due to substandard
    work or a slower rate of work, could end up
    costing you significantly more.

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  • With a general contractors name on the permit,
    there is also an increased chance of the project
    being right first time around, avoiding failed
    inspections and penalties, among others.
  • Taking on a house flip without the help of an
    experienced general contractor is a risky
    business, and if house flipping is your business,
    youll definitely benefit from their expertise,
    guidance and supervision.

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  • RZ Construction Group Inc is a fully inclusive
    general contractor in Queens NY. From initial
    design to final clean-up, our results speak for
    themselves. We are fully licensed, insured, and
    bonded to provide both commercial and residential
    construction services to customers in Astoria and
    the surrounding area. Proud to serve New York
    State for 25 years. No job is too small nor too
    big. If you are looking for construction
    contractor in Queens NY or want to know more
    about our wide range of professional but
    affordable construction and repair services,
    reach out to us at (718) 938-9887.
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