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REMODEL CONTRACTOR
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16 Posts
Discussion Starter · #1 ·
Well here we go another rookie in this vast complicated trade is requesting information. I can demo the interior and exterior of a home and put it back together and sell it to the first person that looks at it. I think I have this part of this business in the bag. The part that I don't know is the paper work end. When someone asks me for a bid and also THE CONTRACT I am in big trouble. I have been lucky haven't had to produce one yet. I hate not knowing this.

I would like to see what a professional bid and contract look like for a REO, or small addition, or a kit remodel.

Anyone got time to help with this?

Any info would help.

thanks,
Gary
 

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Sean
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5,532 Posts
Gary, check out the file swap area & search here on contracts - there are plenty of good ones already posted here

You can also pay for the National Estimator Contracts, Michael Stone's site, or the JLC Legal Contractors kit - all are customizable, lets you add in clauses that may be needed in your area, etc...

No matter which route you go - Bounce it off your lawyer for a thorough review, or maybe have him draw one up from scratch for you that includes all your worries, etc...
 

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REMODEL CONTRACTOR
Joined
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16 Posts
Discussion Starter · #3 ·
Sean,

thanks for the strait answer to my question. This site can be brutal when the inexperienced guy seeks answers to his questions.

I have searched the web and have looked at wide variety of forms and software, bought some blank forms at office max.

I have never filled one out a bid or a contract, just wanted to look at the other guy's system of bidding and how his contract looks, how it is laid out and worded ect.
 

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Registered
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178 Posts
Find an example of a remodeling contract, You may want a Service Agreement, and lastly a contract for building a new home. If you are not needing these right now - Get your ATTORNEY to draft a good one for you that knows your state laws. It may cost alot up front - but protect you over time.

Bidding - See the other posts on this topic. So many different ways to bid.

An Important thing to learn - from the start - Look at your cash needs during the project for materials and labor-

You need to be able to make draws timely to be able to meet your purchasing and payrolls when due.

I set up my draws based upon cash flow needs.

We use the terms: "Upon the Start of " vs Upon completion of

Terry
 
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