| References is the number one way in which you can | | | | arise. This is why it is important that the contractor |
| ensure that a contractor is a good one. Ask the | | | | you are getting has the right kinds of insurance. |
| contractor himself for references on past jobs, and | | | | Accidents can and will happen on the job, and if your |
| do a little research to see what kind of information | | | | contractor is not properly insured there may be no |
| you can dig up. Remember that when you find a | | | | one to for pay for these accidents other than you. A |
| contractor that you can trust, it will make things a lot | | | | good contractor in the real estate investing business |
| simpler for you down the road when you want to | | | | carries general liability insurance for damage to the |
| get things done quickly. Create a good relationship | | | | property that may occur, as well as worker's |
| with your contractor by picking the right contractor | | | | compensation insurance for situations in which a |
| to begin with - spend the time that is necessary and | | | | worker is harmed on the property. |
| do the research into the quality of work you can | | | | Finally, you want to ensure that your contractor is |
| expect! When searching for a good contractor, never | | | | licensed (make sure that you see the license and that |
| underestimate the power of networking. Ask your | | | | it is not expired), a member of the National |
| fellow investors for references to good contractors | | | | Association of the Remodeling Industry or the |
| they have used in the past, and hit up your local REI | | | | National Association of Home Builders, and is diligent |
| meeting- this is a great place to build your network | | | | about pulling all of the building permits that are |
| and find quality contractors to work with. Finding | | | | required for the area. A contractor who is diligent |
| your contractors this way will also help to insure that | | | | about the paperwork aspects of the job as well as |
| they are investor friendly and have experience in | | | | the on the ground aspects of the job will be one of |
| meeting investors needs. | | | | invaluable service to you while you are working in the |
| In the real estate investing arena you will want to be | | | | real estate investing sector! |
| able to bounce back from any "issues" that may | | | | |