Why would two contractors quote the exact same electrical panel job fifty percent apart?

On the first-ever episode of Flipping Iowa, host Neil Timmins says he's never seen a flip blow its budget because somebody bought the wrong house. He's seen plenty blow up because somebody hired the wrong contractor.

Most investors vet a contractor with a handshake and a good feeling. Neil breaks down the phone call he makes before anyone sets foot on a property, what an insurance certificate has to show, and why he'd rather walk an active job site in Beaverdale than look at a photo of one.

Then there's the story that opens the episode: a borrower staring down a five thousand dollar gap between two electrical bids after an inspector flagged a fire hazard days before closing, and how a referral from Neil's own contractor bench closed that gap by half.

He closes with the five red flags that mean walk away before you've spent a dollar, and a real Johnston flip where the vetting process, not the bid, decided who got hired.

In This Episode, You'll Learn:

• How to run a screening call that filters out the wrong contractor early

• How to verify a contractor's license and insurance without taking their word for it

• How to read a job site walkthrough for signs that predict your own timeline

• How to ask reference questions that surface what actually goes wrong

• How to spot the five red flags that mean walk away before you've spent a dollar

And more.

Hosted by Iowa real estate investor Neil Timmins.

Want the written breakdown? Read the full article at https://littleguyloans.com/vet-a-contractor-iowa-flip/

Find every episode at https://www.flippingiowa.com