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Updated almost 4 years ago,

User Stats

14
Posts
7
Votes
Drew Osifalujo
  • New to Real Estate
  • Seattle, WA
7
Votes |
14
Posts

Finding an Investor Friendly General Contractor

Drew Osifalujo
  • New to Real Estate
  • Seattle, WA
Posted

My question is around identifying the appropriate General Contractor to renovate an investment property. I am looking to make some moderate renovations to a SFH investment property that includes flooring, kitchen, bathrooms and drywall/paint. In preparation for requesting bids, I have gathered (Googled) some estimate costs for the scope of work I believe will need to completed to raise the value of the property to align with recent comps; however, after checking reviews on Angie's list of local contractors, it became clear that many of the reviews that I was seeing were from happy homeowners who didn't mind spending an arm and a leg for a kitchen remodel that they would be enjoying. I believe I may need to look for contractors with lower than A+ ratings, who still do adequate work (judged by their pictures) to meet my budget goal. While I would never invest in materials that I felt were above and beyond what I need to be comparable to the market, I am interested in what tactics other investors have used to ensure they were not requesting bids from Rolls Royce contractors for a Toyota level project.

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