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Updated about 7 years ago on . Most recent reply

User Stats

28
Posts
9
Votes
Anita Effendi
  • Realtor
  • Corona, CA
9
Votes |
28
Posts

Need insight for reliable contractor

Anita Effendi
  • Realtor
  • Corona, CA
Posted

Hi BP Members,

Looking forward for some insight for newbie fix and flipper:

Do you hire 1 company or manage several different contractors? 

Which is cost efficient and time efficient? 

Do you 1099 them ? Do they sign lien waiver ? 

Do you care if they have license or not ?

What is your turn around time to flip a home ? Normal homes probably 3bed-2bath-1500 sqft?

I am fairly new. The first three projects, I used non-license contractor. Their turn around time varies between 3-5 moths. The last two current projects, the contractor claimed that he has license, turn out to be 'false'; he use another person license (and pay him a fee). He never finalize his work and took the money (in one project, he did 95% of the work, another project he did 70%).

Looking forward to everyone's input. Thank you again!

Anita | Corona, CA 

  • Anita Effendi
  • Most Popular Reply

    User Stats

    378
    Posts
    184
    Votes
    Charlie DiLisio
    • Investor
    • Lake Worth, FL
    184
    Votes |
    378
    Posts
    Charlie DiLisio
    • Investor
    • Lake Worth, FL
    Replied

    Integrity is the key in construction.  I am loyal to my subs and consequently they take good care of me.  Also I prepare the work for my subs and clean up after them so they are in and out.  You don't need someone ripping out and cleaning up at 50.00 per hour.  I enjoy the business and treat each project as though it were my own residence.  Surround yourself with honest and quality people and you can't help but be successful.  Be well and prosper.

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