Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

30
Posts
18
Votes
Justin Bailey
  • Rental Property Investor
  • Canton, OH
18
Votes |
30
Posts

Finding reliable contractors

Justin Bailey
  • Rental Property Investor
  • Canton, OH
Posted

I have been presented a deal that needs a full gut job on the interior. This property is way below market value due to its condition, im looking for reliable contractors to work on this property, the plus side to this property is that it's small (642 sqft) The issue im running into is that do I look into larger contractor companies or smaller ones. If there is benefit for each one or do I bring in numerous contractors for different areas of the property. I also need it done quick so I can get my HELOC money back out of the deal as it's a variable rate and has gone up quite a bit. Any advise would be greatly appreciated.

PS normally I would do the work myself but I don't have the time to work on a full gut.

Most Popular Reply

User Stats

3,673
Posts
3,452
Votes
Steven Foster Wilson
  • Rental Property Investor
  • Columbus, OH
3,452
Votes |
3,673
Posts
Steven Foster Wilson
  • Rental Property Investor
  • Columbus, OH
Replied
Quote from @Justin Bailey:

I have been presented a deal that needs a full gut job on the interior. This property is way below market value due to its condition, im looking for reliable contractors to work on this property, the plus side to this property is that it's small (642 sqft) The issue im running into is that do I look into larger contractor companies or smaller ones. If there is benefit for each one or do I bring in numerous contractors for different areas of the property. I also need it done quick so I can get my HELOC money back out of the deal as it's a variable rate and has gone up quite a bit. Any advise would be greatly appreciated.

PS normally I would do the work myself but I don't have the time to work on a full gut.


 I always think I can do it cheaper and faster finding different people for each part of the job... I have learned that is not the case, you definitely save and have less headaches going with just one contractor. I have a rolodex of people here in Central Ohio that we use as contractors. I also will give the disclaimer, I always want my projects done fast but you have to expect it to be longer than you think. Something will always come up and you have to calculate for that extra time. 

Loading replies...