Breaking Up with a Contractor is Hard to Do Fix and flip houses long enough and sooner or later you’ll become disgruntled with a contractor. Or, they’ll become disgruntled with you. Here are some key indicators that a divorce with your contractor is eminent:Contractor displays a lack of attention to detail.Contractor is unable to complete a job on time as promised.Contractor is unable to complete a job on budget.Contractor calls you an idiot.Contractor doesn’t call you at all.Why does … [Read more...]
A Simple Tip for Negotiating with Contractors
July 22, 2012 By Leave a Comment
A Simple Tip for Negotiating with ContractorsThe overloaded orange hand truck was filled high with ceiling fans, light fixtures, door hardware and faux wood mini blinds. I made my way slowly from the Home Depot pro desk to the parking lot, careful not spill any of the precious cargo.Yes, I could have made two trips to the car with my stuff. But that’s not how I roll. I’m a guy and guys get it done in one trip, not two.I loaded the items into my chariot, a 2004 Chevy Tahoe with the back seats … [Read more...]
Paying Your Contractor Up Front Is Not A Good Idea!
March 7, 2012 By Leave a Comment
Paying Your Contractor Up Front Is Not A Good Idea!Vet contractors carefully before using them on an investment property (or any property for that matter). There are simply too many fly-by-night contractors out there who will you tell you what you want to hear to get the job, but will ultimately burn you in the end. In fact, one of the reasons I really like the turn-key model is that it insulates an investor from ever dealing with contractors. (A turn-key property is purchased with the repairs … [Read more...]
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