Good contractors are worth their weight in gold for owners and investors! They will do the necessary work for you at a fair price and make your property look great, and thus increases its value! In addition, if you are an investor, and you can count on long term relationships with reliable suppliers, you can also receive discounts on their services to save money in the long term.
Bad Contractors on the other hand, it can be very costly, not only in terms of money, but (for investors) in terms of reputation as well. The crooks attack their owners in particular. Use of inferior materials, you will find endless possibilities, costs, money, jobs left unfinished and again and again.
Obviously, if an owner or a real estate investor, you want to avoid bad contractors under any circumstances. So here are some common sense recommendations are intended to help you with the quality of individuals or companies.
Sure Guideline 1: Make the contractors are licensed, bonded and insured in the state. See also the Better Business Bureau.
Guideline 2: Have at least three references, call those references and ask their opinion about the work done by the contractor. So you ask if you can see the result.
Guideline 3: Ask around! If you are an investor, check with other investors about the contractor. If you check the owner and ask the neighbors to see the work done by contractors on their houses.
Guideline 4: Ask for bids or proposals from contractors and evaluate carefully. The price is a consideration, of course, but this was not the only criterion for accepting an offer. You want quality work, delivered at a fair price.
Contractor to avoid
Fraudsters are constantly inventive in cheating people of their money. Nevertheless, here are some common contractor scams to be respected. (Most of the fraud when the owners are, but investors must be alert to other, more sophisticated scams.)
Scam Tactic # 1: The contractor stated that a low price is an indication of the material left by another job. He or she starts working and everything looks good. But then he says he needs extra money to buy more equipment. Once you give money, it disappears, and you end up with unfinished work on the hands and pockets empty.
Tactics Scam # 2: The Contractor shall provide all the money in advance. Once he has it, it disappears. You can avoid this scam by paying the contractor for each step, as it is completed.
Tactics Scam # 3: The contractor will quote you used a low cost for construction or repair, then using inferior materials to do the job. Use a local building inspector for services to prevent or detect such fraud.
Tactics Scam # 4: The supplier charges fees which they work, inspection, and write an estimate. He says the tax is paid in order to apply the cost of labor. Once you pay the fee, it costs more. Reputable contractors do not charge for inspections or estimates.
Tactics Scam # 5: The contractor "low balls" you. " In other words, he does not quote a very low price for the job, true, and then hit you with a bill much more than the initial offer. If you protest, he is belligerent and demands that you do not read the contract directly and many times you harassed with threats of trial. So to end this problem, obtain a written contract before work starts and ensure it is clearly work to do, such as concrete measures and costs, deadlines, deadlines, etc.
Key Point: Use common sense in choosing the contractor. Follow the old adageif the proposal sounds too good to be true then it probably is!