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The 2 year contractor rule is a provision that limits the amount of time a contractor can work for a company as an independent contractor without being considered an employee. It typically states contractor works company 2 years, may deemed employee legal tax purposes.
Red flags indicating its time to fire your contractor include asking for too much money upfront, poor management of subcontractors and exhibiting unprofessional behavior, such as keeping strange hours or using drugs and alcohol on the job.
Its not unusual. If you are not comfortable tell them you are willing to do 50% upon delivery of materials, balance upon completion.
General contractor rates are typically on a per-project basis and charge 10% to 20% of your overall project cost. However, in special circumstances, when contractors do charge by hour, you can expect to pay $50 to $150 for each hour worked.
Seven Things to Never Say to a Contractor Never Tell a Contractor They are the Only One Bidding on the Job. Dont Tell a Contractor Your Budget. Never Ask a Contractor for a Discount if You Pay Upfront. Dont Tell a Contractor That You Arent in A Hurry. Do Not Let a Contractor Choose the Materials.
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9 Signs You Have Hired A Bad Contractor (Red Flags) Ive Seen It All. 9) They Ask For Cash. 8) They Dont Sign A Contract. 7) They Tell You That Permits Arent Needed. 6) They Try to Rush the Job. 2) They Ask For The Full Payment Upfront.
A contract with a home renovation contractor should include: a detailed scope of work, project timeline, payment schedule, change order process, contractors license and insurance information, warranty details, dispute resolution procedures, required permits, material specifications, and the signatures of both parties.
What Should You Not Say to a Contractor? Im not in a hurry I know a great roofer/electrician/cabinet installer! We had no idea this would be so expensive Why cant you work during the thunderstorm/snow/heat wave? Ill buy my own materials I cant pay you today. Ill pay upfront Im old school.

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