Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 10 months ago, 02/02/2024

User Stats

90
Posts
82
Votes
James Luctamar
  • Investor
  • Westchester, NY
82
Votes |
90
Posts

Struggles with a Columbus Contractor as a Remote Investor

James Luctamar
  • Investor
  • Westchester, NY
Posted

Hi BiggerPockets Community,

Im reaching out to this knowledgeable and supportive group for some guidance on a situation I’m currently navigating as a remote real estate
investor.

I'm a remote investor who's recently encountered a challenging situation in Columbus, Ohio. After a successful rehab of a multi-family property, I gave a larger project to the same General Contractor. Unfortunately, the GC's responsiveness has dropped significantly, and communication is sporadic, though he does stay in touch with my realtor occasionally. We're about halfway through the project, and there's a $30k He has for work that's not yet completed (the 30k was given because he completed work prior but once he received the 30k communication diminished drastically right as winter came around! .

This situation is not only frustrating but also time-sensitive due to the looming loan deadline. I'm seeking insights from those who have navigated similar waters, especially in remote investing scenarios. How do you manage contractors and ensure project progress, particularly when
you can't be physically present and under tight time constraints?

Your insights and experiences would be incredibly valuable and much appreciated. I'm eager to learn from this community and find a way forward in this situation.

Thank you for taking the time to read and share your thoughts!

Loading replies...