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Updated over 8 years ago on . Most recent reply

User Stats

120
Posts
57
Votes
Joe Au
  • Investor
  • Draper, UT
57
Votes |
120
Posts

Tips on finding good contractor

Joe Au
  • Investor
  • Draper, UT
Posted

Just came back from a local REIA meeting, the presenter(property manager) recommended contacting the supplier to find good contractor. Local supplier should know who got the most projects.

Did anyone using the same method to find contractor?

Most Popular Reply

User Stats

30
Posts
15
Votes
Michael Currie
  • Investor
  • Halifax, Nova Scotia
15
Votes |
30
Posts
Michael Currie
  • Investor
  • Halifax, Nova Scotia
Replied

Good contractors can be hard to find.

Here is my advice.

I have had great luck finding them at our local real estate investor meet up group.

I agree building supply centres can also be a good source.

In my experience it is easier to find people to do a big job, rather than small ones.

What I have done is formed relationships, where I give them a good big contract and in return they do the small stuff for me.

I also have a couple of handyman type people on my team.

They are usually doing repairs on the side, often for cash under the table.

I only trust the small guys with minor stuff, maybe laying a floor, or replacing a toilet.

The key is to build a solid team, do not nickel and dime them, pay them as soon as the work is done.

Build a win win situation. If you are building a portfolio and you use the same crew, they will get to know your Reno style.

Mike

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