You get what you pay for – sometimes.
Did you ever get multiple bids from contractors and one of them came in really low?
If an estimate by a contractor is way out of line, that is, it is really low and you can’t see how the guy is going to make money – RUN!
Just because a guy has a paint brush, it doesn’t mean he’s a painter.
Same for a guy with a hammer – it doesn’t make him a carpenter.
When I took the low bid and how it turned out to be a mistake
About seven years ago I was doing a substantial rehab just outside of Charlotte, N.C.
I had interviewed several painters and I decided to go with the lowest bid, which was significantly lower than all the others.
Well, I paid the guy upfront for the materials and he actually showed up for work – ONCE!
I should have realized his figures were way out of line and he wouldn’t make any money on this house. It didn’t matter that we had a signed agreement for a start and a completion date. His bid was really low and he had no intention of doing the work.
If the bid is so far out of line, don’t think you are getting a deal. In fact, be prepared to get ripped off.
Always get references, call former customers and when possible, go look at the work.
This little mistake cost me $3,000 as I paid my initial low budget contractor and had to hire someone else.
Visit RJ’s site here.
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