Most Hosts rely on a general contractor (GC) to renovate the property and get it ready to PadSplit. We highly recommend partnering with licensed GCs in your area with a strong track record. Another option is to rely on referrals from trusted investors or other PadSplit Hosts who have done similar work to their properties previously. Finding a GC with experience in custom single-family renovations is a major plus. PadSplit does not offer GC services but feel free to reach out to your PadSplit representative for potential recommendations in your area. For any real estate project, a number of judgement calls will have to be made in order to optimize the profit of the property. A high level of trust with your general contractor is critical.
Watch out for these common pitfalls when working with a general contractor: