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Started By
Message
Upside for contractors?
Posted on 8/14/16 at 8:54 pm
Posted on 8/14/16 at 8:54 pm
So when the water recedes, is this event going to be a huge boom for contractors and builders in the area? I was just about to start a home remodel and was going to start getting bids next week. Am I screwed while they jump on the flood insurance money jobs?
Would be interested to hear from someone in that business that has been around after a hurricane or flood.
Would be interested to hear from someone in that business that has been around after a hurricane or flood.
11
Posted on 8/14/16 at 8:56 pm to jbgleason
U screwed
Posted on 8/14/16 at 8:57 pm to jbgleason
Scammers will be out in force. Everyone and they grandmas need to check BBB and get at least 3 estimates for work.
Posted on 8/14/16 at 8:58 pm to jbgleason
I'd hold off. Insurance work will drive labor demand, and hence, costs, up.
Posted on 8/14/16 at 8:58 pm to jbgleason
Gonna be a ton of out of state people coming in to try to scoop up contracts.
I say frick them. A lot of south Louisiana men out of work now. Hire someone local.
I say frick them. A lot of south Louisiana men out of work now. Hire someone local.
Posted on 8/14/16 at 9:01 pm to jbgleason
Never liked that aspect of Katrina.
Still have friends that were pissed I wouldn't help them make money
on newly bought property as opposed to getting homeowners in their
original homes.
Still have friends that were pissed I wouldn't help them make money
on newly bought property as opposed to getting homeowners in their
original homes.
Posted on 8/14/16 at 9:05 pm to QuietTiger
quote:
Still have friends that were pissed I wouldn't help them make money
on newly bought property as opposed to getting homeowners in their
original homes.
??? Not sure what you mean here.
Posted on 8/14/16 at 9:07 pm to jbgleason
quote:he is saying hold off on your unnecessary remodel and let people rebuild their lives
Not sure what you mean here.
This post was edited on 8/14/16 at 9:08 pm
Posted on 8/14/16 at 9:08 pm to jbgleason
I think he means that he did work for homeowners rather than doing work for his investor friends.
Posted on 8/14/16 at 9:08 pm to jbgleason
quote:
I was just about to start a home remodel and was going to start getting bids next week.
I wouldn't even consider that until this shite settles down...you will get inflated estimates for sub-par work and cut rate materials. it is one thing if you have to do that to have a place to live, but I wouldn't even consider it just to upgrade what you have. wait a year and try again.
Posted on 8/14/16 at 9:09 pm to jbgleason
They wanted me/us to forgo people in need so they could in fact make money on the problem by buying and fixing up properties to sell or rent.
Posted on 8/14/16 at 9:10 pm to jbgleason
I got paid well for 3 years after Katrina.
Posted on 8/14/16 at 9:12 pm to fr33manator
quote:
Gonna be a ton of out of state people coming in to try to scoop up contracts.
They'll make a killing. People can't resist a ridiculously low price. They get what they deserve.
Posted on 8/14/16 at 9:33 pm to RogerTheShrubber
quote:
They'll make a killing. People can't resist a ridiculously low price. They get what they deserve.
Which is why I hope people tell these scammers to frick off
Posted on 8/14/16 at 9:35 pm to jbgleason
Demand is going to drive up costs.
Enjoy getting bent over.
Enjoy getting bent over.
Posted on 8/14/16 at 10:08 pm to fr33manator
You can look a contractor up HERE to see if they are licensed with the state. To be a residential contractor you are required to have both WC & GL insurance. If someone tells you they're not licensed because the work they do is less than 75k, that is true, but most don't know that if they do work in excess of 1k on a home they have to have a special "Home Improvement Contractor's License".
You can also check with the CRBA LINK. Check out their membership directory to find different contractors by trade.
You can also check with the CRBA LINK. Check out their membership directory to find different contractors by trade.
Posted on 8/14/16 at 10:12 pm to fr33manator
quote:
Gonna be a ton of out of state people coming in to try to scoop up contracts.
I say frick them. A lot of south Louisiana men out of work now. Hire someone local.
100% this
Posted on 8/14/16 at 10:12 pm to jbgleason
Sit tight and wait it out for six months. Even the good guys have to rely on labor that is going to go with the market rate on subs.
Posted on 8/14/16 at 10:14 pm to jbgleason
I was building when Rita hit, contractor asked me to start a week later since workers needed money and I funds in place to start. Those needing repair/rebuilding had to wait on insurance/FEMA neither of which move quickly. Something to consider
Posted on 8/14/16 at 10:15 pm to jbgleason
quote:
Would be interested to hear from someone in that business that has been around after a hurricane or flood.
Ts a feast, but you just can't over commit or leave your customer base for the temporary boom. There's going to be a lot of work though. A whole lot of work.
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