Always Have a Backup Contractor Ready to Go
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Why I Never Trust Photos Alone on a Rehab
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[Stephen Husted] (0:00 - 0:52)
Don't waste your time doing this on a rehab project from out of state. If your contractor has been doing a really great job and then all of a sudden two weeks go by and there's no activity and there's a lot of excuses starting to happen, you need to cut that contractor right away. And always when you're investing doing rehabs from afar, you should always have at least three contractors in your database at all times.
Keep that relationship going with all three of them if you can, because sometimes contractors take on too much work and they get spread too thin and then jobs start to sit and then they can't get out of it and then all of a sudden time goes by and time is money. So always make sure if you got any big issues going on and they're slowing down, you got to cut them, move on, get the next contractor in and move forward.