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Updated about 5 years ago on . Most recent reply
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What do you look for in a contractor
Now there are a ton of things to look for and no answer is wrong but what do you look for in particular when you looking for a contractor. Here is my list and I may be leaving some things out but at the time of writing this, but this what I can think.
This is not in any particular order.
1. Trustworthy
2. Dependable
3. Good prices
4. Personality (this is because for one when dealing with someone I personally believe the relationship can last longer if there is a good rapport and I have an outgoing personality so if the person has a good personality I feel we can 1 get along better which will make things easier, 2 we will communicate better, and 3 if he has to deal with tenants or anyone for that matter I'm not concerned of up saying or doing anything to piss people off).
5. Their Personal integrity ( if something messes up with there work will they be honorable to fix it or try to get me for more).
6. Someone that isn't 100% established (someone that is just starting out that I can give a break too and in the process, we possibly grow together and build some type of teamwork and business relationship that benefits both parties.
The reason I didn't put the quality of their work because I feel that is a given, I mean why would someone hire someone that does ****** work. I had to touch on that before someone says "what about the quality of work" lol.
As I stated I'm pretty sure that I can think of more but right now this is all I got if you want to dissect my list feel free but I am just anxious to see what others have to say.
Most Popular Reply
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Finding good contractors and subs is no easy task and often becomes a trial and error thing until you lock in the good ones and hold on to them for dear life. For many years in my investment and development crew, I have been working with contractors (mostly subs and acting as my own GC via owner/builder) and it took some time to find the ones I wanted to keep. In doing so, I have now been working with multiple subs for a decade now. Case in point, I found some good subs and held on to them while letting the bad ones jump out the window.
3 items a contractor can provide and a good contractor or sub will give you 2 of the 3. None can deliver all 3 and stay in business. 1. Quality 2. Speed 3. Price
If you want good quality and it done fast, expect to pay for that. If you want it cheap and good quality, expect it to take longer. If you want cheap and fast, expect them to take shortcuts and have quality suffer.
As others mentioned and I will add a few more to the list, integrity, attitude, commitment, dependability, verifiable performance history, and good old common sense are all necessary qualities for a good contractor and one that has all of them is an EXCELLENT CONTRACTOR!
I have since become a fully licensed General Contractor as well as HVAC and electrical (soon to add plumbing and paint) and when working with other developer clients, speed and quality are essential (working in higher end areas that require the higher end quality workmanship. It is always a struggle to compete with price when having to do things fast and with quality. Most clients understand that and pay more to get it done quicker as the higher cost s often less than the added costs of holding the property longer which is not just hard costs like taxes, insurance, debt service, utilities, etc but also opportunity loss. The quicker you can turn a project over, the quicker you can get into another.