A contractor can work with greater expertise and put his experience to best use. Secondly, contractors work within fixed time and budget, which may otherwise exceed expectations. So, just find the best contractor for your home.
The Test of a Good Contractor
By Bill Guerra
The use of contractors is a necessary evil as a investor and not part of the job description I like. Unless of course you find the right mix for your personality. Renovating and rehabbing houses can be tricky at best, yet our best deals come from the most ugliest of houses, so we need to crack the contractor code.
Photo: contractorsconnection.org
I learned the hard way that once you give a contractor an entire house to rehab they get laxidasical, and forget the promises they made to you. While securing the bid they promise the moon. They say they will get right on your job. Even putting it in writing offers no immediate protection. Remember you are juggling hard money loans, and your working capitol, as well as the monthly note.