Posted almost 5 years ago

Choosing a Contractor 101

Taking out a a property will make you the most money if it’s done on time and correctly the first time. Here are some tips for choosing a good contractor for your investment.

We’ve given you tips on how to choose a , but once you have your loan it’s time to choose a contractor to complete your . This is just as important as choosing a good hard money lender because your Arizona fix and flip needs to be done on schedule, on budget, and without corrections needing to be made.

Here are some tips you can follow to ensure you’re hiring a great contractor for your investment property!

Ask the Hard Questions

You’ll want to interview contractors just like you would your . Ask them about past projects and ask for references. You want to hear first hand that they’ve completed projects on time and without going over budget from people who have actually worked with them in the past.

Present a Scope of Work

You’ll want to have an organized and well laid out scope of work to show your potential contractor. If all you can present is a theoretical idea of what you’d like done to your home, it’s going to be hard to get a legitimate estimate.

Compare Bids

The cheapest isn’t always best. You’ll want to get detailed bids based on your scope of work and compare the itemized projects you want completed.

Once you have all of this information collected you can make a well informed decision of which contractor will not only be able to complete your project, stay within your budget, and know that they’ve been successful in the past, but you’ll have met them and know if you feel you’re going to work well together.

We hope that these tips will help you select a great contractor for your next investment property. If you’re ready to select your , call Level 4 Funding today to schedule an appointment!

Dennis Dahlber Broker Ri CEO Level 4 Funding LLC

Dennis Dahlberg

Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
[email protected]
Dennis Dahlberg Broker/RI/CEO

About the Author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.