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Updated over 11 years ago on . Most recent reply

User Stats

86
Posts
47
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Nick Foundas
  • Natick, MA
47
Votes |
86
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Finding/Selecting local Contractors

Nick Foundas
  • Natick, MA
Posted
For someone that is just starting out and about to embark on their first deal, does anyone have recommendations on how to find a good contractor to handle the renovations?  Are there specific resources you might recommend (google, angies)?  I assume local REI wouldnt want to recommend their own guys since it could possibly tie them up when they may need to use them. Also Scheduling is a concern of mine.  If you select a reputable contractor I would assume they have a full calendar.  If you are flipping, time to market is crucial, so how can you be sure the contractor will be able to devote several weeks in a row to get your project completed on time? Any helpful tips/advice would be great!!

Most Popular Reply

User Stats

208
Posts
28
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Mike LaCava
  • Real Estate Investor
  • Buzzards Bay (Bourne), MA
28
Votes |
208
Posts
Mike LaCava
  • Real Estate Investor
  • Buzzards Bay (Bourne), MA
Replied

Hello @Nick Foundas Nice to have another Mass member here on BP.

It is one of our biggest challenges right now. Our current contractors cant keep up with the rehabs we have but we have many to deal with.

For your first one make sure you do your diligence and be very careful in giving someone new a deposit. It is a feel out period when you first hire your first contractor. Check out your local building associations and also check out town permits and see who the contractors are or ask the local building inspector if he recommends anyone.

go to REIA meetings and when you give your elevator pitch ask if anyone knows a reliable contractor that is investor friendly.
Sometimes contractors go to these as well.

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