All Forum Posts by: Steven Del Prete

Who's to say they have enough doors to make that kind if money in a day? Also what about the employee they are paying to go to that? Gas? Insurance? Taxes on both the employee and business profit? Trust me they don't make much money from going out to install that one door.

The guy charging you $50 isn't making money to put food on the table for himself.

When someone agrees to a job and signs a contract with an agreed on end date how is it naive to think they would do it? I understand things happen and unexpected things can change it but you can't say they won't meet it unless its a crazy timeline anyway.

What exactly do you mean by "there's a reason many contractors are self employed"
All contractors a self employed. It's their own business. Not sure where I are heading with that statement?

Clear and simple ways to find a good contractor.

- Make sure they hold the proper state licenses and insurance
- Don't hire someone that does this "on the side"
- how fast do they respond to you?
- Do they guarantee their work?

And so on. As I said before its best to hire a company that does some work themselves and doesn't just hire everything out. I think if you find a finish contractor that is also a GC you will save on $ and they will be better with timing. You save money because they aren't just adding a number on top of the job but they are actually doing work to be paid for. They do all the finishing touches like hanging doors, trimming the home, and little things like door stoppers, knobs, toilet paper and towel holders ect. They are better with timing as they are responsible for all the loose end at the end of your job.

I have to agree that I don't think any contractor would do that. If they had the money to float the whole rehab they might as well get private money to fund the house and do it all themselves.

Exactly

Judging by the name for your company you might have a slight misleading idea on how it's all don't and everything involved. Keep reading and ask the questions you can't find answers for. Don't fall for what you see on tv as how easy it is to do.

Where do you guys live that you all get burned? Who have you dealt with that does such things? The key here is reputable companies. Don't go hiring unlicensed people. Don't go with ones that have no references. Don't go choosing the lowest price as they will try to add change orders. Make sure they have insurance.

It's mostly common sense on hiring the right company. To say they will leave you job at the end for other paying jobs is crazy? Here's an idea, take them to court. When you win you can get anything it cost you in taking them to court.

It makes no sense for a contractor to not do what he promised. Each job he does he makes a new person happy. That person tells their buddy, family ect and then that company is getting jobs on referrals only mostly. Once you start ripping people off its not long until you lose everything and end up in court.

Do your research and find the right company. No need to be scared off from all these stories. They are just what can happen if YOU fail to do what you should in finding the fit YOU need.

Rant over sorry

So who else uses one?

I'll add in and agree with everyone here. This is an area you don't skimp on. No need to go over and past what you need but just don't go below. Choose the right colors and choose the right paint.

Most important though is choosing the right painter that does a great job. I'm sure a lot of people don't think painting is hard and for the most part it isn't but there are painters who suck and painters who are good so choose wisely.

To sum it all up everyone here is agreeing with you that it's a fine way to do flips as long as you hire the right guy. You need to build a team around you and your contractors are part of that.

With a budget set and both you and the GC agreeing on the job to be done and the number you shouldn't have much of a problem going over except for things you or him can't see. Once started its easy to tell if he is going to try and add change orders to make money and you can just get rid of him if its happening. To save money your can try and find a GC that does a certain trade. That way he isn't just making money from the project but from real work he is doing.