Regardless of your level of expertise, you have to make sure that you have checks and balances in place to protect yourself. You should have agreements in place that specifically detail the items to be completed, the prices and the timeline for completion. Find out how many members are on the contractor's crew. Does he have his own trucks? Does he have the money to begin a job, or does he need start up money?Finding a good contractor can be a long process. Be sure to get referrals and before and after pictures of work that the contractor has completed.
When you get the referrals, call them. Find out if the clients are satisfied and if they would use their services again.When you locate a good contractor or two, and you will, hold onto him! A contractor who does quality work at a fair price in a timely manner is worth his weight in gold. Knowing that you have someone that you can count on to will give you the confidence to put properties under contract and market them and move them quickly.It is key that you locate a mortgage broker that will be able to finance your buyers.
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