Renovation Gurus

Real Estate Investor Rehab and Residential Renovation and Remodeling

Tag: Contractor

Making Sure Your Contractor Writes a Bid That Protects You

Ron Carlson explains how having a contractor write a bid correctly can protect you if things go south. By being detailed in the work that’s being done, there’s transparency for both parties.

Click below to watch the video and learn more about why the bid writing process is so important, especially if you run into issues with the contractor. By having everything detailed out in the bid, it’s clear of what’s owed by both parties.

 

Picture of a chalk board and Ron Carlson with a lesson on real estate investing with contractors

 

 

Tricks Contractors Use To Get Your Business – REI Classroom with Ron Carlson

REI Classroom lesson #480 features Renovation Guru’s founder Ron Carlson.  As Ron Carlson explains, there are some tricks that some contractors use in order to get your business. Ron shares what they are so that you can be aware when looking for your next contractor.

It’s important to protect yourself from contractors who may not be up front with you. They might tell you they’ve done jobs as big as yours (but haven’t) or underbid the job (and ask for more money later). There are numerous ways they can trick you and Ron shares them with us today.

  • The general contractor’s business model.
  • How many crews the contractor has?
  • How staffed is the general contractor?
  • How good is their communication with you?
  • How far away from the project are they located?

Ron Carlson discusses why this information should be important and what red flags should warn you in the beginning.

Watch the full lesson here: https://flipnerd.com/show/tricks-contractors-use-get-business/