Contractor Relationships
Highly-skilled and independent contractors are essential and integral to the beautification of our renovations. Therefore, we strive to develop a quality long-term relationship with our contractors and provide them with a steady stream of work and competitive pay for their hard work.
Renovation budgets on our projects range anywhere from $5,000 on a rental property to $250,000 on a full renovation. We rely on structured project management to ensure typical project time frames range from 3-5 months. Our goal is to turn around our projects at a rapid pace so that we can get paid as quickly as possible and use those profits to immediately start on the next renovation. This ensures that we and our contractors have a continuous supply of work for present and future years to come.
Successful execution of these strategies rely on the high quality of work performed by our contractors, which is why we put such a high premium on finding the best contractors in the area and then developing long-term, mutually beneficial win-win relationships. We simply seek to hire the best contractors with the best craftsmanship which is why we have a zero tolerance policy for poor quality work and lack of professionalism. Based on these principles, together, we can be successful and achieve our goals.
Here are some things we’re looking for in our contractors:
- Fully licensed with licenses up to date. Same with your subcontractors.
- Insured—including worker’s comp, liability—with a minimum limit of $1 million.
- Been in business for at least two years.
- Has a consistent crew of subcontractors.
- Ensures worksite is clean and maintained.
- Can provide a list of references, with current contact information.
- Belongs to the Better Business Bureau or one of the national associations of builders or carpenters.
- Provides written warranties of a year or more for your work.
- Is structured as a corporation or LLC.
- A reputable company with no history of lawsuits.
- Has financial resources—able to float material cost until work is complete and ready for draw.
To be part of this winning team, please use the link below to submit a Contractor Partnership Form.