Ready to grow your property business without the hype? Start your free two-month membership trial with This Property Life today! <a href="https://bit.ly/this-propertylife-memebership" rel="noopener noreferrer" target="_blank">https://bit.ly/this-propertylife-memebership</a>&nbsp;——————————————————————In the fourth and final episode of the "Controlling the Uncontrollables" mini-series, <a href="https://www.linkedin.com/in/nick-c-651a141a1/" rel="noopener noreferrer" target="_blank">Nick</a> and <a href="https://www.linkedin.com/in/caroline-claydon-property" rel="noopener noreferrer" target="_blank">Caroline</a> look into one of the biggest fears in property development: working with builders and contractors. From sourcing reliable tradespeople to managing quotes, timelines, and red flags, this episode arms property investors with practical insights to help them navigate the tricky terrain of contractor relationships.What You'll Learn:<ul><li>The critical qualities of a good contractor and how to spot red flags early.</li><li>Why pricing up refurbs before an offer is accepted can backfire.</li><li>Where and how to find reputable builders in your investment area.</li><li>The importance of clearly defining spec levels and managing contractor relationships.</li><li>How to protect yourself financially when working with tradespeople.</li></ul>Timestamps[02:58] - What Makes a Good Contractor[06:37] - Why You Don’t Need a Builder Before a Deal[09:35] - Estimating Refurb Costs Independently[12:56] - Finding Reputable Builders[16:35] - What to Ask When Vetting a Builder[21:44] - Setting Expectations and Incentivising Deadlines[28:59] - Spotting Red Flags and Trusting Your Gut[40:50] - Payment Terms and Financial Protection[48:12] - Looking Ahead: Buying Boring BusinessesThis Episode is Kindly Sponsored by:Visit <a href="https://thispropertylife.co.uk/" rel="noopener noreferrer" target="_blank">thispropertylife.co.uk</a> for more resources, networking events, and industry insights.Follow Caroline Claydon Socials:<ul><li>LinkedIn: <a href="https://www.linkedin.com/in/caroline-claydon-property" rel="noopener noreferrer" target="_blank">https://www.linkedin.com/in/caroline-claydon-property</a>&nbsp;&nbsp;&nbsp;</li><li>Website: <a href="https://www.carolineclaydon.com/" rel="noopener noreferrer" target="_blank">https://www.carolineclaydon.com/</a>&nbsp;</li></ul>Follow Nick Claydon Socials:<ul><li>LinkedIn: <a href="https://www.linkedin.com/in/nick-c-651a141a1/" rel="noopener noreferrer" target="_blank">https://www.linkedin.com/in/nick-c-651a141a1/</a>&nbsp;</li></ul>Follow This Property Life Podcast on Socials:<ul><li>Website: <a href="https://thispropertylife.co.uk/" rel="noopener noreferrer" target="_blank">https://thispropertylife.co.uk/</a>&nbsp;</li><li>Apple: <a href="https://podcasts.apple.com/gb/podcast/this-property-life-podcast/id1540075591" rel="noopener noreferrer" target="_blank">https://podcasts.apple.com/gb/podcast/this-property-life-podcast/id1540075591</a>&nbsp;</li><li>Spotify: <a href="https://open.spotify.com/show/6ULlN2eRKWojGRAkiSa0mZ" rel="noopener noreferrer" target="_blank">https://open.spotify.com/show/6ULlN2eRKWojGRAkiSa0mZ</a>&nbsp;</li><li>LinkedIn: <a href="https://www.linkedin.com/company/this-property-life-podcast/about/" rel="noopener noreferrer" target="_blank">https://www.linkedin.com/company/this-property-life-podcast/about/</a>&nbsp;</li><li>YouTube: <a href="https://www.youtube.com/channel/UCtmPj98bC6swNuYRCaUGPUg" rel="noopener noreferrer" target="_blank">https://www.youtube.com/channel/UCtmPj98bC6swNuYRCaUGPUg</a>&nbsp;</li></ul><hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

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