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New Law In North Carolina Allowing Unlicensed Contractors To Take Jobs Up to 40K

Author Chris Allen

You need to be a little more careful when hiring someone to do work at your home. A new law in North Carolina will allow unlicensed contractors to take jobs up to $40,000.

The law was in place but the dollar amount was different.  The amount cap was at $30,000. According to ABC 11, that rule changed in October. Under the new law, any work done under $40,000 can be done by an unlicensed contractor.

So what does that mean for you? It means you should do your research when hiring someone to do projects like room remodels. Also ABC 11 wisely suggests you not only do research on the person you are hiring but check on their past customers as well. A written contract is a must in order to protect yourself. Get everything in writing. They suggest you never pay up front.

If the contractor says they are licensed, get that license number. You can check their credibility here.

Our source, ABC 11, also reminds you there are great licensed and unlicensed contractors but the raise in threshold could bring out predators.

Know the value of the job

Get everything in writing

Ask for the contractors number and check on its validity and check with past customers before hiring someone.  To learn more get details from ABC 11 right here.

One Of The Best Cities To Flip Houses Is In North Carolina

I love watching HGTV and I have to admit they make it look easy. Which makes me sometimes wish I could just invest in real estate by buying and flipping houses. Though I realize that process is extremely more extensive than shown in a 30-minute TV show. So while I may dream of it, I don’t see that project in my immediate future. Though the 5 and sometimes even six-figure payday is extremely tempting. If you are interested and a little handier, you’d be interested to know that one of the best cities to flip houses in, is located in North Carolina.

Because if you are going to take on an expensive and involved project, you need to know the return on your investment is there. It doesn’t matter how fantastic the home is if you price yourself out of the area with the renovations. I’ve talked to some people who are from Waco, TX and this was part of the issue with the Fixer Upper Homes. The market to live in that area just couldn’t support the flipping of those homes.

To determine the best cities to flip houses in North Carolina and throughout the country, WalletHub compared more than 170 U.S. cities. They used 26 key indicators of market potential, cost, and quality of life. Their data set ranges from median purchase price to average full home remodeling costs to real-estate agents per capita.

Read the full study here or read on to see the Top 20 (including one NC city) and where the rest of the North and South Carolina cities rank.

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Author Chris Allen
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