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Investing Strategies

Need A Good Contractor? Follow My Advice… Part 2

Want to learn step-by-step how to find, fix, and flip nice houses for MON$TER paydays? Learn more here.

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contractorHey Moguls, Steve Cook back again with my follow-up lesson about contractors.

In Part 1, I covered loads of valuable info about contractors, some of which, you may not have even thought about before. We talked about why building a list of reliable contractors is essential, how to make your contractor your BFF, where to find a ‘good’ one and more. So make sure you check out that first part before diving into Part 2.

Today, we’ll cover contractor payment schedules, contracts, insurance and the Release of Liens. Let’s get to it…

Payment Schedule - In Advance or In Arrears? 

This is a touchy area. I never like paying contractors anything up front simply because I have been burned EVERY time a contractor has owed me because I was ahead. I’ve done it three times…


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