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Updated 12 months ago on . Most recent reply

User Stats

22
Posts
5
Votes
Johnie Hopkins
  • Houston, TX
5
Votes |
22
Posts

Contractor Referrals (Houston, TX)

Johnie Hopkins
  • Houston, TX
Posted

Greetings, BP Team.

I am putting the puzzle pieces together in order to get ready for my first project, and ask that Houston-area investors reach out to me with the names of trusted contractors.

Specifically, I am in need of a general contractor that:

  1. 1. provides estimates of rehab works that come reasonably close to actuals (firm bids would be a plus),
  2. 2. is able and willing to do cosmetic work as well as studs-deep rehabs,
  3. 3. has a dependable crew(s) and is known to hit targeted completion dates,
  4. 4. is knowledgeable of Houston / Harris County permitting and inspection requirements.

As this will be the first of a long line of profitable projects, I really appreciate your referrals and any other recommendations that you could lend me.

Thanks in advance!

Johnie

Most Popular Reply

User Stats

191
Posts
152
Votes
Trey Watson
  • Investor
  • Phoenix, AZ
152
Votes |
191
Posts
Trey Watson
  • Investor
  • Phoenix, AZ
Replied

Not many people want to give up the name of their contractor, especially online for everyone to see. That's the nature of the business. It sounds elementary but you have to think like a contractor; What would a contractor want in a client? 

I know if I were a contractor, I'd want a cash/hard money client who's decisive and doesn't waste time. How do you let a contractor know you're serious?

- Furnish a proof of funds to show them you are serious.

- Don't drag your contractor around to more than 2 or 3 properties without pulling the trigger on 1 of the deals. It's unreasonable unless you are actually staffing this contractor.

- Show them listings or HUD's of recent deals you've done to prove you might bring repeat business (If applicable).

- A lot of the trouble is finding a good, professional contractor that will STAY good & professional. Try bringing a couple contractors to bid a house at the same time. I find the good ones don't care about other contractors being there. The hard to deal with contractors are the ones who get mad and leave.

- Reach out to local agents and wholesalers over the phone or in person at networking events. They are usually quick to give out that information if they think you might bring them some business.

  • Trey Watson

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