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Updated almost 2 years ago on . Most recent reply

User Stats

811
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576
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Benjamin Sulka#5 House Hacking Contributor
  • Cleveland, OH
576
Votes |
811
Posts

Paying a Contractor Before the Work is Done

Benjamin Sulka#5 House Hacking Contributor
  • Cleveland, OH
Posted

BP, 

Recently, a friend of mine was having his flooring replaced and he paid the contractor IN FULL before any work was done. The contractor now won't get back to him and hasn't shown up for work two days in a row. 

I would love to hear some of your experiences with contractors and paying contractors prior to any work being done.

Is this always ill-advised? 

Thank you! 

Ben Sulka, aspiring real estate investor 



Most Popular Reply

User Stats

482
Posts
766
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Matthew Kwan
  • Lender
  • Seattle, WA
766
Votes |
482
Posts
Matthew Kwan
  • Lender
  • Seattle, WA
Replied

I always pay 40-50% of the work after 60% of the work is done @Carlos Valencia @Albert Bui

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