A Good GC Can Be Hard To Find

In real estate investing, getting things done often requires tapping into your network for advice, support, and, most importantly, professional referrals. 
 
No job is more important in a real estate renovation than the general contractor. A good GC can be worth his or her weight in gold. When it comes to managing the subcontracting process and keeping the project on schedule, the GC can be an invaluable asset to the team, adding dollars to the bottom line.

But just how to find a top-notch general contractor?

Tap Into Your Network

Just like everything else in this world, it’s often not WHAT you know but WHO you know that makes the difference. So start asking around. Your friends and family may have some personal experience with home improvement contractors that could prove helpful. Check with your business associates as well including your realtor or broker and, of course, your lender. These folks have been around the proverbial block a few times and know what it takes to successfully flip a house. Here at NavCap, we have worked with many reputable GCs and subcontractors and are happy to point you in the right direction.

Check online reviews

There are a number of websites where you can ask for recommendations or read reviews of contractors such as Thumbtack and Nextdoor. Be sure to read both positive and negative reviews, and look for patterns in the reviews. For example, if several reviews mention that the contractor was late or didn't complete the work to specifications, that's a red flag.

Visit Your Home Improvement Store

It may feel a bit like stalking but visiting your neighborhood Lowes and Home Depot in the early morning can be a winning strategy. Busy contractors loading up for the day are a good resource—they may be looking for their next project or know someone who is. It certainly doesn’t hurt to ask.

Use Your REIA To Your Advantage

Your local Real Estate Investment Association or REIA is a great place to get both advice from and referrals for home flipping professionals. Fellow flippers with direct experience in the industry can offer solid recommendations because they’ve been there, done that. Don’t know how to find a REIA in your area? Visit the National Real Estate Investment Association's website to locate a club in your state.