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Multi-Family and Apartment Investing

User Stats

61
Posts
9
Votes
Ian Checketts
  • Rental Property Investor
  • Charleston, SC
9
Votes |
61
Posts

How to Find a Contractor

Ian Checketts
  • Rental Property Investor
  • Charleston, SC
Posted Dec 8 2020, 03:02

How do I find good contractors?

Approach 1: This is by far the most effective way to find good contractors. Drive around similar properties to yours that are being renovated and get these contractors information. No way better than to catch someone in action.

Approach 2: Referrals: Contact anyone you know that has done the type of work you are doing and get as many contacts they can provide.(Make sure to give back in some way to this person! I have a guy who calls twice a week asking for subs and never seems to provide me anything.) You can also ask current contractors you are using, typically they know a lot of other good contractors.

Approach 3: Google: Call or email as many contractors as you can through a Google search. You have to do a quick phone interview and then dig deeper the further along you go.

This is a very difficult process where you can spend weeks of your time finding and vetting contractors. This is well worth your time, because if you don’t do it properly this contractor could put your whole business plan under and ruin the deal. Please put in the effort and time to establish the right team of contractors. Hang onto good contractors when possible, these are hard to come by and if you treat them poorly they are quick to walk away.

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