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Updated over 3 years ago on . Most recent reply

User Stats

10
Posts
1
Votes
Carlos Eliz
  • Rental Property Investor
  • Kissimmee, FL
1
Votes |
10
Posts

Contractor not delivering , next steps

Carlos Eliz
  • Rental Property Investor
  • Kissimmee, FL
Posted

Hi,

I recently bought my first investment house. I found it thru my real estate agent. It was owned by her client and in need of repairs. I requested bids from several contractors in the area. None of them wanted to commit to specific delivery dates because of covid and a hot market. They are having a hard time retaining workers on site, seems there is a bidding war for their skills. A three week effort is now going into fifth week. I need to protect my investment.

What do I need to do now to get things moving?

If the suggestion doesn’t work, what do I need to do next and how do I prepare to take action?

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