The Pros and Cons for Hiring Licensed Contractors

I like to fix and flip houses. I also like to save money, which is why I’m always conflicted when it comes to deciding whether or not to use licensed or unlicensed trades for my rehab projects. There are pros and cons to both. Licensed tradespeople are required to carry insurance, which protects me, the property owner. If a licensed plumber burns my house down with a blowtorch then his insurance covers the damages. If a licensed painter falls off his ladder and gets hurt then his insurance will cover the medical bills. Those are the pros for using a licensed trade. The biggest con is the...
More