Volume 2 in the Tax Strategies series is here! Learn to slash your taxes and turn your real estate investments into a tax-saving machine.
One of the most difficult things to find when you are flipping, renovating or doing any time of home improvements
is finding a trusted contractor. Oftentimes real estate investors start out with a contractor and they are unreliable,
produce spotty work or are extremely expensive. While there are so many amazing contractors out there, they can be
hard to find! Whether you are looking for a general contractor, need new drywall, a deck or need work on plumbing,
BiggerPockets and Home Advisor has the resources for you.
Before you hire a contractor, you want to make sure they check off all the right boxes before you have them start
work and begin investing money on a certain contractor. You want to make sure the job is done effectively but also
be high quality work. Before you select a contractor, consider asking the following:
If the answer is no, you do not want to hire this contractor. Be sure they send you copies of their policy
and that you keep those on file. You are looking for a policy that includes workers compensation as well as
general liability that will cover any accidents that might happen on the job.
You will want to make sure that any contractor you are considering has a great track record and isn’t
promising they can complete a project they haven’t proven to be successful in the past.
In most states, contractors have to have a license that is registered with the state. With this number, you
can look into if this contractor has any claims filed against them.
Be sure to get the cost that is projected for the project in writing. Get as detailed of an estimate as
possible so that you can compare one contractor against another.
We encourage you to utilize the categories above provided by Home Advisor to find the best contractor for your
project. Be sure to protect yourself and your investment but asking the right questions before starting a project.
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