Contractors in Philadelphia

[Sheryl Sitman]

One of the biggest challenges investors have, particularly in big cities like Philadelphia (from my observations), is finding the right people to do the work - GCs, subs, handymen ...  they are always in search of electricians, plumbers, HVAC, drywall hangers - every  step of a rehab, for new and veteran investors alike, seems plagued with labor, trust, skills, price issues - especially recently.  I had my share of bad experiences. Anyone in Philly who claims it all goes smoothly for them just can not be speaking honestly. I have seen the most seasoned investors get taken by more seasoned con artists. When I do get someone that I can trust, knows how to work, shows up and does what he was hired to do ... I hang on. Sometimes that can be challenge. Do you give a bonus, overpay, treat them better than other investors ...?  One thing I do is bring them more work when I can not keep them busy. What do others do to keep their A-team of contractors close?