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Updated over 3 years ago,
Difficulty securing contractors
Good morning all!
I am eager to get started with trying my hand at some house flips, and one of my concerns surrounds contractors.
How do you get contractors on board in a market where they are struggling to find enough help to complete the existing obligations, material prices are sky-high, and as a starting flipper, I don't have enough volume to be attractive to the contractor. I've had trouble getting people to come out for personal jobs even knowing I have cash. Likewise, when I speak to builders, they complain constantly that they are running into issues with their subcontractors, and these are people with long-term relationships that are able to bring higher volumes of work. I don't know how to compete with that.
Am I jumping at shadows? If not, looking for strategies people currently use that have been helpful.
Thanks in advance!