Delinda Harrelson

The Flipping Coach

Undertaking Due Diligence in Hiring Professionals for a Home Improvement Project

Like a growing number of real estate investors who plans on undertaking a more substantial home improvement project such as a kitchen upgrade. Toward that end, you may be planning on essentially acting as your own contractor. In that capacity, you will be seeking out a variety of service providers and professionals to work on different aspects of your home improvement project. As a result, you need to understand the due diligence you must undertake in engaging the services of professionals to do work on your homes improvement projects.

Conduct a Face to Face Interview

An important, and surprisingly oftentimes overlooked step, part of the due diligence process is having a face to face interview with any professional you are considering hiring to assist you with a home improvement project. In this day and age, and largely due to the internet, many people hire professionals and service providers of all types online and without having any in-person interaction.

No matter how helpful the internet can be in this day and age, a great deal can be ascertained when you meet with someone in person. This holds true when you are in need of professionals to assist you with a home improvement project.

In advance of such a face to face interview, you should take the time to prepare a written list of questions. By making a written list of questions, you will be far less likely to overlook an issue that you need to discuss with a person you are considering hiring for work on your home.

Verify Insurance, Bonding, Certification

The due diligence process associated with recruiting people to work on your home improvement project also needs to include a verification of a insurance, bonding, and certification. You need to make certain that any person coming to work at your residence is properly insured and bonded. In addition, depending on the specific tasks a particularly service provider will undertake at your home, you need to confirm that such an individual has appropriate certification of licensing to undertake a designate task.

Get References

Another key element of a comprehensive a due diligence process is to get references from the individuals or businesses you are considering to hire to work on your residence. References can include former clients or existing colleagues of a service provider that you are considering retaining to work on your home improvement project.

Make certain that you actually do make contact with the references that you’ve obtained. Time and again, people in your position get the names and contact information from references; however, once armed with this information, many homeowners fail to reach out and make contact with these identified individuals to obtain a reference.

In addition to obtaining references from prospective individuals you’re interested in having work on your home, you may also want to think of obtaining recommendations from your family members, friends, and colleagues of different types. You should consider obtaining these recommendations upfront as you build a list of prospective service providers to work on your home improvement project.

In the final analysis, by undertaking comprehensive due diligence, you will greatly increase the prospect that you will hire the best and most suitable people to work on your home improvement project. You will be able to pursue a cost effective home improvement project surrounded by professional service provides who will assist you in meeting your goals and objectives.

Delinda’s Coaching Programs or Mastermind Groups

Delinda’s Coaching Programs or Mastermind Groups

This is a year long program designed for people that love to be a part of a community. Our close-knit group contains people of all investing levels that want to continue to grow their wealth, along with my team of Investing Experts that have experience in whatever area you are needing.
Delinda HarrelsonAbout Delinda Harrelson

Delinda has bought and sold over 150 properties, been involved in hundreds more through consulting, mentoring, and coaching. It doesn't matter if you are burnt out, new to the game, a lousy rehabber, seasoned, successful or just plain curious, I encourage you to learn about the wonderful opportunities real estate investing can offer people. I am sure not the sharpest tack in the box, so if I can do it, you can, too.

 

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