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All Forum Posts by: Leroy K. Williams

Leroy K. Williams has started 9 posts and replied 101 times.

Post: How to pay contractors for my first flip in Queen Creek, Arizona

Leroy K. Williams
Posted
  • Property Manager
  • Southfield Mi
  • Posts 102
  • Votes 108

Hi Chris,

I am a Rehab Contractor in Detroit MI.  I would suggest the following:

1. Go to the material supplier your prospective contractor uses and ask them if they know him. If he shops at Home Depot or Lowes alot likely the people at the Pro sales counter will have things to say about him one way or the other.  

2. Tell your contractor that you want to see him in action on another project before you give him your job.  

3. Pay in increments of 10% upon mobilization and then 20% milestones until you reach a punchlist and the last 10% upon completion.