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Updated over 9 years ago on . Most recent reply
Trouble getting rehab quotes on short notice?
So I'm in contract to buy a duplex, my first rental property. We had 5 days on the inspection contingency. I had the inspection on the third day, found some things that need work. My realtor got an extension for an additional 5 days.
I've had serious problems getting contractors to see the place and give me quotes on short notice. I scheduled three after calling 15-20 numbers. And now two of the three have cancelled on me. Its now too late, I need to get back to the sellers by Tuesday.
My specific question is, what do you tell contractors when you don't own the house yet? I feel like I'm unintentionally telling them I'm not worth their time.
I usually say something like "I'm looking for a contractor to come take a look at the house, I need new windows, there's an overhang that needs fixing, and some possible cosmetic work in the kitchen. I need someone to come out by Monday night at the latest because I'm in contract to buy the house and I need to get back to the seller".
Do I just have poor luck or should I be more forward that I'm looking to pay them to fix this house? I thought that would be assumed.
Most Popular Reply
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Time is money , I dont want to run around quoting prices on short notice to someone who doesent own the house for free . Offer to pay for the estimates . Honestly , you should have talked to contractors before you even looked at the property , just to see if they would be interested in doing your work . The majority of contractors probably do residential work straight for the homeowner , ( much better $ ) . Typically , ( not always) investors want quick , cheap and good . Thats not the type of work most contractors are interested in .