All Forum Posts by: Josephine Wey

In my opinion, establishing a good relationship with the contractor is important. Typically, we can look at this issue from both sides of the coin as being fair for consideration. Either side can walk away from working together if the parameters for the working relationship are set up and understood upfront. A solid pre-screening of the contractor upfront that spells out the expectations should somewhat reduce or eliminate the question of one side bailing out on the other. Qualify the contractor and highlight the benefits of working together which would include consistent work for them and regular paycheck.

Personally, I'd buy the materials and never pay any money upfront, a "red flag" on its own. The agreement and expectations set up at the beginning of the contracting relationship should be consistently adhered to. A detailed system for each project level and payment plan for work that gets done to proper standards should show the contractor that you mean business.

I believe I'd follow the system described by one of the contributors to this discussion, Tom Shallcross a few days ago. Relationship and working history go a long way.

Congratulations!! Thanks for sharing.

Thanks Bernard!!!

Those links are wonderful. 

Looking forward to meeting like minds on the various forums as we learn and connect to grow our businesses.

Hi, 

This is Josephine. I'm a new PRO member real estate investor looking to connect with others in the Inland Empire/Riverside/San Bernadino  areas of California as we learn so much from this forum.