September 24, 2019

Tips to Hire a Winston Salem Contractor For Your House Flip Project

A carpenter remodeling a house

Investors in North Carolina are experiencing an economic shift for substantial profits in the house flip renovation industry, especially in Winston-Salem as potential home buyers are canvassing the area for suitable housing. Forsyth County has been voted as one of the best places to relocate and live for liberal families and young professionals with children. This is due in part to Winston-Salem’s public schools being above average, a low cost of living, and it’s also a place where the crime rate is below the national average so here are some Tips to Hire a Winston Salem Contractor.

Over the last five years, there has been a housing boom in and around the Winston-Salem area, and due to the demand, house-flipping projects are turning a good profit. A lot of these houses have been caught in the mortgage game where lending companies and banks have foreclosed on the property, leaving a prime opportunity for investors to buy and make a fast profit on a house flip renovation project.

Flipping a house generally involves some knowledge of basic carpentry skills, painting, flooring, electrical, plumbing, and landscaping techniques. For those who lack the skills and knowledge to flip a house or simply don’t have the time to perform the work? Hiring a Winston Salem contractor is the most logical solution; however, it’s important to select the right contractor in order to still make a profit.

Tips to Hire a Winston Salem Contractor:

Tip #1

Obtain References From Personal Acquaintances: One of the best ways to find a reputable contractor is to ask friends and co-workers who they recommend. People who’ve recently hired contractors or in the past will know firsthand if the contractor is trustworthy or not as well as their attitude and quality of craftsmanship.

Tip #2

Ask the Contractor for References: A good contractor with solid community ties will not have a problem furnishing a list of references to previous customers with working phone numbers. If a contractor is reluctant to provide this information or if they provide non-working phone numbers, this is a red flag, and it’s best to move on.

Tip #3

Obtain Multiple Estimates: In order to get an accurate estimate on the overall cost of the flip, it’s important to obtain at least three to five written estimates with an itemized scope of work, which should include both materials and labor.

Tip #4

Compare the Estimates: Make sure the written estimates are in accordance with the project and don’t contain extra work not discussed during the interview process. Equally important, make sure it’s not missing any materials or work that needs to be completed for the flip.

Tip #5

Check Their License and Insurance Policies: North Carolina requires all contractors to be licensed with a safety bond for projects exceeding $30,000. To check a contractor’s license, validation can be done by contacting the North Carolina Licensing Board. Winston Salem contractors should also have a current insurance policy before they start work on any investment property remodel project. To authenticate a contractor’s insurance policy, call the phone number to the insurance company listed on their certificate of insurance.

Tip #6

Take Notes for Each Contractor’s Bid Assessment: Treat this just like a job interview and take notes on each contractor. Make sure to ask questions about how they would handle each task and the materials they would use as well as personal notes about their attitude and arrival time for the bid assessment. These tasks can seem mundane; however, it can make a difference between a good and bad contractor.

Tip #7

Set the Start and Completion Date: During the bid assessment process, it’s a good idea to know when the contractor can start and finish the project as well as how many days per week they’ll be working. If there’s a preferred starting time in the morning, this is the time to set those parameters as well.

Tip #8

Understand the Payment Terms: Most contractors will outline their payment terms in their written proposals. A widely accepted payment term is broken down into thirds with 1/3 due before the project starts, 1/3 at the midpoint of the project, and the final 1/3 due upon completion and approval of the project. Contractors who ask for excessive down payments should be scrutinized carefully.

Tip #9

Check the Qualifications of the Contractor: Flipping houses typically involves knowledge of different trades. It’s always best to hire a general contractor who employs their own subcontractors who are licensed in their field. This prevents any accidental personal injury claims, property damage, and unnecessary out-of-pocket expenses.

Tip #10

Building Permits: For any investment property remodel project to be in compliance with local building codes and regulations, it’s always a good idea to check with local municipalities for building and construction permits. Most building permits cost under $100.

At KNS Remodeling, we’re experts in whole house renovations for flip houses and rental properties. Contact us today for an estimate on your flip project. 

38 Comments on “Tips to Hire a Winston Salem Contractor For Your House Flip Project

October 4, 2020 at 9:25 pm

I don’t know whether it’s just me or if everybody else encountering complications with
your blog. It appears to be like a few of the text with
your content are running away from the screen. Can another individual please
provide feedback and tell me if this is happening for them too?
This might become a issue with my browser because I’ve had this happen previously.
Appreciate it

Here is my site; VonOKucera


Hi, Neat post. There’s an issue with your site in web explorer, may test
this? IE nonetheless is the marketplace leader and
a big section of other people will pass over your magnificent
writing due to this problem.


Hello, I desire to subscribe for this blog to take hottest updates, so where
can i do it please assist.

Parchet -
October 26, 2020 at 5:37 pm

you’re in reality a just right webmaster. The web site loading velocity
is amazing. It seems that you’re doing any distinctive trick.
In addition, The contents are masterpiece. you’ve done a fantastic activity in this subject!

Capat freza ceramica
October 26, 2020 at 6:26 pm

It is perfect time to make some plans for the future
and it is time to be happy. I have read this post and if I could I desire to suggest you few
interesting things or advice. Perhaps you could write next articles referring to this article.
I wish to read even more things about it!

October 26, 2020 at 7:41 pm

I have been browsing online more than 3 hours today, but
I by no means discovered any interesting article like
yours. It’s lovely value sufficient for me. In my view, if all web
owners and bloggers made good content material as you did,
the web shall be much more useful than ever before.

Peste 2800 de Modele -
October 26, 2020 at 9:27 pm

Hello! I just wanted to ask if you ever have any problems with hackers?
My last blog (wordpress) was hacked and I ended
up losing several weeks of hard work due to no back up.

Do you have any methods to protect against hackers?

Balustrade Sticla Securizata pret bun
October 27, 2020 at 3:30 am

You really make it appear really easy together with
your presentation however I find this topic to be actually one thing which I believe I would never understand.
It sort of feels too complicated and very huge for me. I am taking a look
forward for your next put up, I’ll attempt to get the grasp of it!

October 27, 2020 at 7:52 am

I for all time emailed this weblog post page to all my contacts, as if like to read it after that my links will too.

Peste 715 Modele Disponibile
October 27, 2020 at 8:09 am

We stumbled over here from a different website and thought I should check
things out. I like what I see so i am just following you.
Look forward to finding out about your web page again.

J6+ Plus
October 27, 2020 at 8:08 pm

Hello! I’m at work surfing around your blog from my new
iphone 4! Just wanted to say I love reading through your blog and look forward
to all your posts! Keep up the great work!

Plinta Alba 23 de decoruri in stoc
October 28, 2020 at 8:23 am

I pay a visit each day a few web sites and websites to read articles, but this weblog provides feature based writing.

MARTELL XO 0.7L 70cl / 40% CONIAC
October 28, 2020 at 6:38 pm

Hi there, always i used to check weblog posts here early
in the daylight, since i like to gain knowledge of more and more.

Comentarii la Magicseo – Optimizare Site
October 28, 2020 at 6:43 pm

You’ve made some really good points there. I looked on the internet for more info about the issue and found most people will go
along with your views on this site.

bluze vans barbati
October 28, 2020 at 7:35 pm

Hi everyone, it’s my first pay a quick visit at this site,
and article is actually fruitful designed for me, keep up posting these articles.

October 28, 2020 at 11:02 pm

I am really enjoying the theme/design of your weblog.
Do you ever run into any internet browser compatibility issues?
A number of my blog visitors have complained
about my blog not operating correctly in Explorer but looks great in Safari.
Do you have any solutions to help fix this problem?

college ruled notebook paper bulk
October 29, 2020 at 9:19 am

An impressive share! I’ve just forwarded this onto a coworker who was conducting a little research on this.

And he in fact bought me breakfast simply because I stumbled upon it for him…
lol. So allow me to reword this…. Thank YOU for the meal!!
But yeah, thanx for spending the time to discuss this matter here on your web

My blog post; college ruled notebook paper bulk

Vopsea Lavabila Interior Exterior -
October 30, 2020 at 2:17 am

Normally I don’t learn post on blogs, however I would like
to say that this write-up very pressured me to take a
look at and do so! Your writing taste has been amazed
me. Thanks, very nice post.

Vestă Vânătoare 100 Verde
October 30, 2020 at 10:56 am

My brother recommended I would possibly like this web site.

He was once entirely right. This submit actually made my day.
You cann’t imagine simply how much time I had spent for this info!


Fine way of describing, and good post to get information about my presentation subject,
which i am going to present in institution of higher education.


I am sure this post has touched all the internet
people, its really really good piece of writing on building up
new weblog.

Avion Cazare Hotel Malaga
November 3, 2020 at 9:29 pm

This is very fascinating, You’re a very professional
blogger. I’ve joined your rss feed and look forward to seeking extra of your
fantastic post. Also, I have shared your site in my social networks

dieta cu proteine
November 4, 2020 at 11:23 pm

I’m not sure exactly why but this weblog is loading extremely
slow for me. Is anyone else having this problem or is it a problem on my end?
I’ll check back later and see if the problem still exists.

November 6, 2020 at 11:01 pm

Whoa! This blog looks exactly like my old one! It’s on a completely different subject
but it has pretty much the same page layout and design. Outstanding choice
of colors!

Ai căutat după
November 8, 2020 at 11:47 pm

Superb blog! Do you have any tips for aspiring writers?
I’m hoping to start my own site soon but I’m
a little lost on everything. Would you advise starting with a free platform
like WordPress or go for a paid option? There are so many
options out there that I’m totally confused ..

Any tips? Thanks a lot!

fatade magazin
November 11, 2020 at 6:28 am

Appreciating the time and energy you put into your blog and detailed information you provide.
It’s good to come across a blog every once in a while that isn’t the same unwanted rehashed material.

Excellent read! I’ve saved your site and I’m
adding your RSS feeds to my Google account.


Today, I went to the beachfront with my children. I found a sea shell and gave it to my 4 year old daughter
and said “You can hear the ocean if you put this to your ear.” She placed the shell
to her ear and screamed. There was a hermit crab inside and it pinched her ear.
She never wants to go back! LoL I know this is completely off topic but
I had to tell someone!

Teava gaz D 200x18
November 14, 2020 at 2:47 am

I have been surfing online more than three hours today,
yet I never found any interesting article like yours.

It’s pretty worth enough for me. In my opinion, if all website owners and bloggers made
good content as you did, the web will be much more useful than ever before.

November 15, 2020 at 9:42 pm

viagra purchase viagra professional vs viagra buy viagra in south africa

November 16, 2020 at 12:05 pm

does viagra go stale best cheap website for viagra viagra online with paypal

November 17, 2020 at 9:32 pm

is it legal to take viagra on holiday cerati cocaina y viagra

November 18, 2020 at 7:21 am

what dose of viagra is recommended buying viagra in spain

November 18, 2020 at 12:15 pm

viagra muse together viagra obmani no ostansya download viagra proben kostenlos

a5 dotted notebook bullet journal
November 19, 2020 at 9:16 am

Pretty section of content. I just stumbled upon your site and in accession capital to assert that
I get actually enjoyed account your blog
posts. Anyway I will be subscribing to your
augment and even I achievement you access consistently fast.

My website – a5 dotted notebook bullet journal

November 19, 2020 at 6:15 pm

viagra on line en argentina donde comprar viagra en venezuela best price for prescription viagra

November 19, 2020 at 9:15 pm

buy viagra witout precription cheap viagra

November 20, 2020 at 7:52 pm

cheap generic viagra online usa sildenafil 200mg 100mg sildenafil online

we just did hat official
November 22, 2020 at 5:26 am

Great article! This is the type of info that should be shared across the net.
Shame on the seek engines for now not positioning this publish
higher! Come on over and seek advice from my website . Thanks =)


Leave a Reply

Your email address will not be published. Required fields are marked *