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Updated about 8 years ago,
James MasottiPoster
Pro Member
- Rental Property Investor
- Washington Township, NJ
- 976
- Votes |
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Paying contractors via wire transfer
My contractor is asking for payment via wire transfer. Is this common practice for investors? I don't have an issue paying the fee on the larger draws to make sure he gets paid faster (I'm an hour away and sometimes take a day or two to get a check in the mail, so it's more fair to him). But just curious is this is common practice for other investors to do, especially ones that are investing at a distance.