by Gagner | Apr 20, 2015 | Contractors
How to find good contractors Finding good contractors is not always easy. In fact, most rehabbers will tell you that it is one of the biggest ongoing challenges in their business. Even a contractor that starts out good may not perform so well after multiple jobs. In this article, we will explore various ways to go about meeting potential contractors for your rehab projects. In future articles we will talk about what questions and criteria should be used for selecting the very best ones. The most obvious way to find good contractors is to constantly be asking for references from anyone that might be knowledgeable about the subject. The best starting point is to ask the most successful active rehabbers in your market. I guarantee you they have many stories about the good, the bad and the ugly. Generally speaking, if you have helped these people in their business, they should be happy to share resources with you too. These people can be found at your local REIA’s, so make sure you are attending them regularly and effectively networking. Real estate agents and brokers are also a great source for contractor leads, particularly if they specialize in property types that might have a greater chance of needing work. I like to network with agents and brokers that have significant experience and track record with REO’s, short sales, distressed properties, probates and tax lien properties. Not only can they find you great deals in many cases, but they also know contractors from their time on the job. Insurance agents, property managers and title officers are all in the business and may have...
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