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Updated over 10 years ago on . Most recent reply

User Stats

93
Posts
12
Votes
Marcin G.
  • Chicago, IL
12
Votes |
93
Posts

flipping Maywoood

Marcin G.
  • Chicago, IL
Posted

I have a question regarding subs:

What questions do you like asking subs to find out if that’s the right person to fix your plumbing or paint the outside of your house? I was thinking to work with a GC but …there might not be enough room for GC to profit .. I plan to start with a small project …50K property 3BR/2BA ..put another 40K and hopefully sell for 120K..I am talking Maywood, Bellwood, Melrose Park area of IL. If somebody is familiar with that area I would appreciate feedback

Here are the things that come to my mind :

-Are you bonded, insured ? would I be able to get certificate of insurance with my company listed as additional insured

-Do you have a business card with your company ?

-Are you ok to sign up a contract ?

-When can you start ? ->if they can start right away it might be a red flag, good contractors have work lined up…

-Where are you located ? the closer the better I think

-References ? they probably start looking at me weird at that point…

-Do we need to pull permits for the job ? If I am looking for a plumber to fix busted pipes in a house and he does not want to pull permits …then I think it is a red flag …

-Now I am doing pretty good job screening tenants …do you think I shall apply the same technique towards subs ..taking picture of their driving license, checking local court records if there are any pending suits against them or if they sued somebody ?

Basically, I do not like to scare good subs if I start talking about W9, 1099, insurance, contracts etc. Chicagoland market is really though and most of the deals are done cash with no paper trail.On the other hand though I would like to ask them some standard questions that would tell me right away if the guy is right for the job or not. appreciate any help !

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