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Updated about 3 years ago on . Most recent reply

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Alex Case
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Hiring a contractor for a flip.

Alex Case
Posted

What would be some of the questions I should be asking when interviewing contractors? I would like to find just one contractor to work with. Or would it be better to have three or four 

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David M.
  • Morris County, NJ
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David M.
  • Morris County, NJ
Replied

@Alex Case

Well, contractors tend to "come and go" and also get busy, so having some variety/backups would be good.  Also, are you going to hire one "GC?"  Or, are you going to manage the project yourself and hire the specific trades?

Of course, you'd ask for proof of liability insurance and worksmans comp insurance...  Make sure they can handle, or want to handle, the scale of your work.  For me, a big one is being to "get along" (on a professional level) with the guy.  Expectations need to be understood.  All the trades are busy now, but you'd want/like some priority on your work since you'd like to get the flip done quickly usually --- time is money.  What does he have for his "own" crew vs he subcontracts.

I hope that helps a bit.  Good luck.

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