Week 14- Working With Contractors

Hiring and managing contractors is often one of the most challenging aspects of owning a real estate rehabilitation company. There are many moving parts and things to consider when finding and hiring the right contractors to work on your rehab project. Understanding where to find good contractors as well as how to properly vet and train them is critical to building a successful real estate business.

 

Today, Don and Ryan discuss how working with the right contractors can impact the success of your real estate business. They explain how your local market can impact the cost of property repairs and how to use inspection periods to properly vet contractors and make better buying decisions. They also share strategies on finding good contractors to work with, the characteristics of a good, trustworthy contractor, and the benefits of working with and training newer contractors instead of veterans.

 

“Once you find a good contractor, it changes your business forever. You become unstoppable as a flipper.” - Don Costa

 

This Week on FlipTalk’s Rookie Play Book:

 

 

Resources Mentioned:

 

 

Key Takeaways:

 

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