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Updated over 2 years ago on . Most recent reply

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JD Mims
28
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51
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I am starting a list that we can all benefit from. Let's do it!

JD Mims
Posted

Hi all!! As a newbie I have run into some problems with General contractors and I have decided to create a list that will be useful for all of us. 

If you have that contractor or person that should be avoided please either reply to me on this thread or my DM me. I am located in Cleveland but I'm open to all markets as I plan on making this list for everyone everywhere.

I would love to put the power back in our hands and allow us the ability to know who to avoid. We can help each other save time, money, and bad experiences. Once I get the list going I will make it available for everyone. 

My framework is going to be: 

the name, address and or phone number

discipline, 

a few sentences about your experiences and 

what you would write them on a scale of one to five stars.

Thank you so much.

Most Popular Reply

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Bonnie Low
#1 Medium-Term Rentals Contributor
  • Lender
  • Asheville, NC
1,789
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1,973
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Bonnie Low
#1 Medium-Term Rentals Contributor
  • Lender
  • Asheville, NC
Replied
I understand that it is incredibly frustrating to have a bad contractor experience. Like any profession, there are good and bad contractors out there and it takes time, connections, trial and error to figure out which is which. That said, people often don't know how to work with contractors. Their expectations can be very out of line and not relevant to the market at all. Sometimes it is the property owner or property manager that is the problem rather than the contractor. I've seen countless people on the forums and in real life think contractors should walk multiple sites or give them quotes on properties they're simply trying to evaluate and may or may not even close on, let alone hire that contractor if they do. If you find a contractor who can do that it should be a red flag. Good contractors are always busy and worth their weight in gold (and no, I'm not a contractor) I've seen people wait weeks to take action on a quote then be outraged costs have gone up and availability has gone down. Supply chain issues and labor issues are real and impacting costs substantially. Rather than blacklisting the bad contractors, I'd put my time into cultivating the good ones because "bad" can be very subjective. Spend time going to REIAs and find out who other investors are using successfully. Troll job sites (I've done this!). Talk to your local Builders Exchange for recommendations. Talk to your Realtor - they often have to use contractors for seller fixes so good Realtors tend to be well connected. And once you get a good contractor, ask them for referrals to other trades. The good ones work with the good ones and will tell you point blank who to avoid. All that will be time well spent and also appreciated by other investors who are interested in what you find out (although people tend to hoard the good ones ; )
  • Bonnie Low
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