Hard Money Blog: Invest, Revitalize, Create, Prosper

Although you may be a jack-of-all-trades, sometimes it’s more efficient to hire a general contractor. Working with general contractors saves you time and headaches, especially if your project involves getting permits. The right contractor and crew – the ones with a proven track record – are essential in maintaining the profitability of your fix-and-flips. However, mismanaging or mistreating them or even having poor communication between the parties involved can drain your profits and, in some cases, delay the resale of the property. Yes, we are talking about the dreaded mechanic’s liens – the nuclear option a frustrated contractor or subcontractor can use to address the payment dispute.

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