Paying a contractor - Indianapolis
Hey BP Friends
I am doing my first (minor) rehab work - using a contractor. He has given me the quote and ready to start the work.
What is the protocol for paying a contractor? I know that I should not pay for the entire job before he even starts the work. But what should I pay? How do I handle this as a property owner? Do I need to check his insurance/bond etc? And if so, how do I do this? He was referred by another investor here on BP. This is an $1800. job, so it is minor.
Thanks.