Managing Contractors on a Flip

Fix and Flip

The short version, then the substance.

Hire on references and pay on progress. Three references from investors, not homeowners, and a license and insurance check. Then never pay ahead of work. Deposits for materials are normal. Half the job up front is how flips die.

Run the week, not the month. A standing weekly walkthrough with a punch list beats daily texts and monthly surprises. Photograph everything. The photos protect the draw schedule, the timeline, and the relationship.

The change-order discipline. Every change costs money and days, and both compound. Write changes down with a price before the work happens. A flip with five verbal change orders is a flip with no budget at all.

The South Texas angle. Averlend underwrites this every week in Corpus Christi and across Nueces County. If you are working a deal in downtown or anywhere else in the metro, the theory above comes with a local desk attached: see our Corpus Christi lending page or send the deal directly.