Hiring Contractors In House

It is true when they say contractors make or break your real estate business. When it comes to buying houses for cash or even with a conventional mortgage for investments, you expect to have a decent amount of repairs to do. Why? Because if the house was beautiful you wouldn't be able to buy it for a discount!

The whole point of real estate is creating value with equity by purchasing distressed properties or finding a property to purchase at a discount. As you accumulate these renovation projects, it is so important to have a great construction team on your side. Most people will think to hire an existing company on a 1099 contract to outsource the renovations. This is a great way to complete a project as that company has to handle all their insurances, company liabilities, workman's comp, etc. In doing so we suggest contacting Pittsburgh Property Remodelers which has a 100% customer satisfaction and a team of over 12 employees working full time in the greater Pittsburgh region.

If you want to take your business to the next level, we'd suggest hiring in house. What this means is actually hiring contractors as employees for your business as opposed to independent contractors. This now puts the liability in your court and means you must provide all the insurances, but it can be a great payoff. Having one or many dedicated workers in your corner can get jobs done not only faster, but better quality. Knowing that their paycheck is dependent on the work, and they will always have another job lined up means income security for the employee.

It is absolutely costly to go this route as a business owner in Pittsburgh. You must have a consistent revenue stream to be able to afford these costs, but if you get to that point it can make construction a breeze. If you intent to buy properties in Pittsburgh in volume, you most likely will get to a point where you need to hire in house to take your business to the next level.