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Updated 13 days ago on .

User Stats

106
Posts
19
Votes
Steve Balinski
  • Roselle, IL
19
Votes |
106
Posts

Need help finding a good value contractor

Steve Balinski
  • Roselle, IL
Posted

Hello everyone, I'm a novice flipper, I've flipped 2 homes in the past, learned a lot with the experience and have learned a lot more in my 6+ years after my last flip.  I feel I'm fairly well educated on the process, but I'm struggling to find a good value contractor.  I posted this on social media and got blasted pretty good. I feel my criteria below is based on what I've learned/watched in my 10yrs+ of learning about real estate and participating in live meetups and watching 1000's of hours of youtube videos.

I'm not looking for the cheapest, I'm also not looking to pay full retail as most flippers don't, otherwise being profitable becomes much more difficult. Any contractor who fits this criteria typically won't be "cheap" anyways.

Based on past experiences I've learned the min. criteria is:

-Need a business website (partially for reviews if things go wrong - accountability)

-Needs an active company registered with SOC

                   -Registered address can't be a personal residence

-Needs a professional business VM

-Licensed and insured

-Accepts checks or CC


What are the suggested ways to find a good value contractor?