BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 1 year ago,
Scaling BRRRR beyond DIY, compensating contractors
We're in a rust belt city (upstate NY) where home prices are 250-400k, and have done 4 BRRRs, mostly by ourselves. It's time to bring on help for our future projects. Any advice on how to compensate contractors/tradespeople to ensure that you get good people who do good work? Any specific wage, compensation suggestions? We're not hiring people full-time long-term (just for days, weeks, months) so would it be reasonable to require them to have worker's comp and general liability policies?