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Ready To Invest In Real Estate? Here’s How To Find The Best Contractor For The Job

February 5, 2019 by Christopher Leave a Comment

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If you’re looking to invest in real estate, you’re going to need a contractor to get the job done.

In order to find someone who will produce quality work, you can’t just hire the first person you find in the phone book.

To find the best industry specialist for your construction project, take a look at these tips for narrowing your search.

 

Get Referrals

A quality contractor will have a reputation in the industry.  Not only are online reviews helpful, but putting your ear to the grapevine with other real estate investors is incredibly valuable.

Ask people who you trust will have an accurate opinion of who can get the job done.  Shooting in the dark will only lead to frustration and even potential construction disaster.

 

Check Signs On Local Construction

Take a look at any up-and-coming construction in your area which catches your eye.  If you see a sign in the yard, take down the information and contact that contractor!

Most people rely on the web for finding contractors, so even though it may seem old-fashioned, you’d be surprised how effective it can be.

 

Ask Your Bank

Since the bank has worked with a multitude of real estate investors, they have a mile long list of quality contracts who they can recommend.

Just make sure that you’re in good standing with your bank if you hope to rely on them for positive referrals!

 

Local Associations

It’s a good idea to check out local builders associations.  They always have a directory listing of contractors who participate in local community real estate events.

They’re usually more than happy to provide you with several options for contractors based on your specific construction needs.

 

Architecture Magazines

Do you love flipping through pages of beautiful architecture magazines to draw inspiration from?  Take a look at the name attached to the project at the bottom of the page. It’s worth seeing if the contractor listed is located near your area, or whether you have the kind of budget to fly them out.

 

Newspapers

Yes, the classified still exist!  Taking a look through the back pages of newspapers and searching for contractors in your area is a great way to find candidates to interview for the job.

You should be sure to interview several candidates in order to be sure that you’ve made the best possible decision.

When it comes to investing in a real estate project, your contractor and you are going to be in close contact every step of the way.  Therefore, it’s crucial that you are incredibly selective about who you’ll trust to hand your money over to.

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Filed Under: Real Estate

About Christopher

Chris is a personal finance blogger with Stumble Forward helping people avoid life's financial mistakes and live a higher quality financial life.

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Hi, my name is Chris! I’m a personal finance and small business nerd.  Check out my blog where I share all of my favorite tips about saving money to running a small business.

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