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Updated about 2 years ago on . Most recent reply

Jim Goebel's profile image
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Jim Goebel
  • Real Estate Investor
  • from Des Moines, IA
  • Member since Nov 30, 2016
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Jim Goebel's profile image
Jim Goebel's profile image
Jim Goebel
  • Real Estate Investor
  • from Des Moines, IA
  • Member since Nov 30, 2016
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Jim Goebel
  • Real Estate Investor
  • Des Moines, IA
533
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Land & New Construction

How many have been burned when paying a Contractor 50% upfront?

Jim Goebel
  • Real Estate Investor
  • Des Moines, IA
Posted

Just wondering ...

I had a recent bad experience with a plumber that somehow convinced me that the 50% upfront and 50% at end was on the up and up.

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Ryan Murdock's profile image
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Ryan Murdock
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  • Rental Property Investor
  • from Maui, HI
  • Member since Aug 10, 2016
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Ryan Murdock's profile image
Ryan Murdock's profile image
Ryan Murdock
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  • Rental Property Investor
  • from Maui, HI
  • Member since Aug 10, 2016
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Ryan Murdock
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  • Rental Property Investor
  • Maui, HI
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Ryan Murdock
Pro Member
  • Rental Property Investor
  • Maui, HI
ModeratorReplied

Upfront $$ is the kiss of death. I will maybe pay materials upfront (or better yet, buy them myself) but will never pay labor of any amount in advance. I've been burned too many times.

  • Ryan Murdock
  • Podcast Guest on Show #355
    • 7 Votes
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