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?

[Sheryl Sitman]

Great tips @Kevin M.

@Dan Powers  agree. I  often wonder how newbies and the thousands who do 1-2 projects fair in Philly. I've noticed there are many newer investors who think they can start vetting contractors even before they purchase -- as though a good/real contractor will say -"sure, I will come see a house you think you might put an offer on so that IF you  put an offer and IF you get financing and IF you bid high enough and IF you settle and IF you call me back, maybe I will be given the job and get the hours of time I invested in you back.