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Rehabbing & House Flipping

User Stats

32
Posts
16
Votes
Edwin Del Aguila
  • Sugar Land , TX
16
Votes |
32
Posts

Contractors asking for money upfront?

Edwin Del Aguila
  • Sugar Land , TX
Posted Feb 3 2014, 12:39

I am a local contractor in the Houston area and im starting to run into a very bothersome problem. I sometimes sub out certain trades to do work for me and they always ask for money upfront. I dont ask for money upfront and I dont give money upfront to anyone. I have done some work for several investor on BP and I was wondering if you guys are running into this problem. I feel that you shouldnt have to give any contractor money to do work for you unless you have a greed to from the very begining. Its already a cut throat market here in Texas with so many illegal contractors and yet they have the gull to ask for money for materials! I had a plumber and a gutter guy ask me for this and I refused to pay because if you cant buy materials you most likely will cut whatever corner possible to get the job done. What are some of your thoughts?

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