Wednesday, August 11, 2010

CHOOSEING A CONTRACTOR

Picking the right contractor for the job can be a nightmare for the newbie investors as well as the season investors if certain procedures are not followed.

As a Building Code Inspector and investor myself I have seen just about everything.
So how do you decide which contractor to give the job to?

CHOOSING THE RIGHT CONTRACTOR FOR THE JOB

1. Get references, talk to previous customer that the contractor have done work for

2. Check to make sure that the contractor has a business license in the state that the work is going to be done and that he also have a business license in the Jurisdiction. Most city or Municipalities require this. Contractor working in the City of Wilmington of the state of Delaware, must have a State and City business license in order to conduct business in the City of Wilmington.

3. Have the Contractor put in his estimate that he will be getting the necessary permit before he start the job. Some Job will not require getting a permit, such as painting and installing carpet but still require that one has a State and City business license in order to conduct business in the City of Wilmington.

4.The time that it will take to complete the job should be stated as well as any penalties that may be exercise by you should the contractor go beyond the completion date. Judgment pervales here because acts of god is beyond the control of the contractor. Rain, snow and other circumstances might have to be consider in granting an extension beyond the original completion date. The point is, if the contractor know there is a penalty for going beyond the agreed completion date he or she will be most likely to stay on target and not have a three months project turn into a year long project.

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