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The term “general contractor” is used in many ways. Now, I will use “master” of the “general contractor” (note the capitalization) distinguished. A general contractor is one who faces the possibility of many different aspects of a rehabilitation project, the most general contractors are good at carpentry, plaster, basic electrical, basic sanitation, and basic HVAC other broad areas of renovation and rehabilitation. Not only hire a general contractor, the need for subcontractors, but it is often to manage the schedule, the project budget and all payments and (if you want). For large projects, could be the general contractor all his hours of time management, budgets, and contractors, and therefore can not have the time to do all the work yourself. As you can see, with a general contractor who makes your job easier as an investor, you hire a person (general contractor), you only pay for it, and everything is done. The disadvantage is that they better general contractor work, it will be for all the extra work he was not responsible. The general contractor is also managing director of planning and ensure that the project is on budget, there will be additional overhead. In all, with a general contractor to oversee your project will cost an additional 10-30% of salary costs for rehabilitation.

If you do not like the idea of ??paying someone to manage your time and plans to hire subcontractors, you can work. But you still need to hire contractors to come in actual rehabilitation work.

The biggest disadvantage of working with a group of contractors, ensure that you are responsible for time management and rehabilitation is progressing optimally. Many investors choose a combination of these three types of contractor for their project.