All Forum Posts by: Sean Salandy

@Glenn Banks Thanks. 

@Jason Yarusi @Hugh Ayles The overwhelming majority of investors I hear or read about agree with your way of doing things and I do as well. Every once in awhile I will hear something different on a podcast or in a book and I begin to wonder if it is better/cheaper to find and pay your own subs. But, I do see what you're saying and I know it makes the most sense to find a GC I can trust to do all of that so I can focus on other things. Thanks again for your time. 

I meant to include @Hugh Ayles on my last response.

@Glenn Banks I might be misunderstanding a section of a book I read that states (in reference to items to include in the Independent Contractor Agreement): "State that no subcontractors are to be hired without your approval. It should also specify that subcontractors are to be paid by the owner and that each subcontractor will also sign a lien waiver as applicable."

I believe that is what influenced my thinking that I would need a separate agreement for each sub. Again, I must be misunderstanding what I read.

@Hugh Ayles I am looking now to see where I saw examples of this in sample agreements.

Thanks @Hugh Ayles  I understand. 

@Jake Armstrong I believe you. I'm learning that there are a good amount of unprofessional people out there. It's been a rude awakening to witness how many contractors promise one thing a don't do it. Something as simple as giving a bid. I've had contractors literally come out and spend hours at the property only to promise and never submit their bid. Makes no sense to me. 

@Jeff B. So in doing that, are you completely hands off when hiring the subs? Or, do you require your GC to allow you to approve/ok the subs? I hear some people put it in their contracts with the GC that they would like to separately engage in contracts with the GC's subs. (If I am understanding correctly)

@Percy N. Thank you. I get it and I guess that's why it is best to have a separate Independent Contractor Agreement, W-9, etc. for each?

I don't know why I'm having a hard time differentiating the two. What is the difference between an Independent Contractor and a Subcontractor? Let's say I hire a general contractor but I decide to choose and pay my own electrician. Would that electrician be considered a subcontractor or and independent? (and does it matter?)

@Thelonious Jones that sounds like the right way to go. Thanks.