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Rehabbing & House Flipping

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Jennifer Jacobs
  • Investor
  • Winter Haven, FL
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9
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How do you protect yourself from sub-contractor lien?

Jennifer Jacobs
  • Investor
  • Winter Haven, FL
Posted Mar 31 2017, 19:06

Hi fellow BP members.  

We are looking to hire a contractor for our next flip we are working on. 

I've heard plenty of horror stories about home owners paying the general contractor and then the contractors not paying their subs which causes the subs to place liens on the property.  

Then it becomes a "I paid"  "I wasn't paid" battle.

Does anyone have any suggestions on how to protect yourself from this type of situation?

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