Christine Krizenesky
Should I put a down payment down on a subcontractor?
We recently bought our first flip and began to get estimates. One of the subs needed is a chimney repairman/tech. He recently gave an estimate for $6500 and wants $2500 down and the balance upon completion. Is it usua...
Joseph Barbaretta
How much to give a GC upfront?
I've got a property that requires a pretty major rehab (asbestos siding, and needs new electrical, plumbing, HVAC, walls ....). I have a general contractor that I think will do a good job. I wanted to do the work as...
Luz Pagan
Helppp and about to give up on Contractors
I am currently rehabing one of the house I bought. However, I notice that the project is taking so long. The Contractor we are currently working an the only one that answered in our area has delayed so much and we are...
Account Closed
Liquidated Damages For Delay in Construction? Who uses this?
Hi Everyone - I'm about to start a new flip and we are trying a new general contractor. It is a fairly large job according to my standards (over $90,000).We are in the midst of getting the contractor agreement in plac...
Sandra Hollgarth
If you are too pay contractor and he says check goes in his bank
Hello my name is Sandra , my mortgage has a check to rehab my home I am told to pay contractor checks come in both owner and contractor name both have to sign check. Contractor says check goes in his bank if that is s...
Shawn Stiteler
Tenant with no heat, can’t be fixed quickly
I am a relatively new landlord (1.5 years) and encountering my first major issue. I bought a duplex January 2021. The first floor unit had oil heat and I wanted to change it to gas. There was nothing wrong with the he...
Nate Hawkins
FINALLY! How to find A+ contractors
Over 6,000 posts and A LOT of podcasts later people still do not know how to find a GREAT contractors.Raise your hand if you want one!There is no need for a lengthy post short and sweet makes it happen.I am a contract...
David B.
Contractor suddenly over budget by 40%
Hi everyone I’m in the middle of my first flip. I locked up a single family home (roughly 2600 sq feet) with 5 beds and 3 baths for $454,000.The ARV for the area tells us we can probably sell the house for 685-700k on...
Joel Oh
Focus on one platform
Hey guys, I know this will be very controversial. However, I gotta say it. No business succeeded by drilling many holes. You must find the best suit and drill one hole deeper and deeper and become the king of the hole...
Beth D.
What makes a contractor stand out?
As an investor, what are the most important aspects you look for in a contractor? What makes them stand out among the dozens of others doing the same trade?
When you have a contractor you use regularly, what w...