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Updated over 4 years ago on . Most recent reply

Ivan Kadagidze's profile image
Ivan Kadagidze's profile image
Ivan Kadagidze
  • Developer
  • from Austin, TX
  • Member since Jun 3, 2020
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Ivan Kadagidze's profile image
Ivan Kadagidze's profile image
Ivan Kadagidze
  • Developer
  • from Austin, TX
  • Member since Jun 3, 2020
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Ivan Kadagidze
  • Developer
  • Austin, TX
3
Votes |
19
Posts
Commercial Real Estate Investing

Bargains with contractors

Ivan Kadagidze
  • Developer
  • Austin, TX
Posted

What tactics do you have to understand contractors prices better and understand if you are paying fairly or over paying.

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Zenas Lam's profile image
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Zenas Lam
  • Rental Property Investor
  • from Fullerton, CA
  • Member since Oct 25, 2016
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Zenas Lam's profile image
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Zenas Lam
  • Rental Property Investor
  • from Fullerton, CA
  • Member since Oct 25, 2016
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Zenas Lam
  • Rental Property Investor
  • Fullerton, CA
3
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12
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Zenas Lam
  • Rental Property Investor
  • Fullerton, CA
Replied

In additional to what Ronald said, get multiple bids.  At the end of the day, it comes down to supply and demand and how high of a demand contractors are in your region.  By looking at multiple bids, you'll see what everyone is charging and get a better gauge of what is a fair price.

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