Help Me Hire A Basement Rehabber.

[Amy Zemser]

Hi Fellow Big Pocketers! 

We're doing a basement rehab, turning it into an Airbnb. I've considered hiring a contractor to do the whole job, but numbers came in so high that I started over and began calling the smaller outfits -- you know the ones. The dad who just works with his son and comes in cheaper. I'm getting names through friends, but was wondering what would be the safest and most effective payment style. Half up front, half at the end? Thirds? How do I protect myself there? 

Also, I kind of like being my own contractor! Would anyone like to weigh in on that? What if I just oversaw the whole operation and hired guys step by step? It's a basement living space, utility kitchen, and bathroom. Isn't the order of operations -- 1. Plumbing, 2. Framing and Insulation, 3. Electric,  4. Walls, 5. Floors. I like working with people. Perhaps I could hire people for what they do best? 

I'd love to hear from those that have worked with renovators on a more regular basis. 

Thank you and all best,  

Amy