This episode is for you if you're a contractor trying to go into real estate investment or an investor who relies on a contractor to know what to do on repair.
A common misunderstanding is that a contractor should be able to renovate a home as an investment. They're then surprised when they go over budget or the house doesn't sell after it's finished.
In this episode, I'll go over the issues that contractors experience when rehabbing and how to avoid making the same mistakes on your next project.
Watch it here: 👉 https://youtu.be/6UMSWeAMmAw
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Announcement: 📢
~Talk to us One-on-One by texting “Youtube” to 📱 210-794-9898 📱 this is a FREE way to get what you NEED! 💪
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0:00 ✅ Why Contractors Make Bad Real Estate Investors?
0:14 ✅ Misconception about Contractors
2:23 ✅ Text Us "210-794-9898"
3:07 ✅ Contractors don’t know the market like an investor should
4:40 ✅ Difference between an
5:34 ✅ Not all projects are the same…
6:35 ✅ 3 Things to Keep in Mind when Rehabbing a House
6:38 ✅ 1st: Area of Town
7:42 ✅ 2nd: Market Conditions
8:28 ✅ 3rd: Price Point
9:51 ✅ Running Comps
11:03 ✅ How do investors get into trouble depending on a contractor
11:17 ✅ Creating Scope of Work
11:30 ✅ If you're a Contractor, Do This
12:06 ✅ Become an Investor-Friendly Contractor
Watch the FULL talk Here: 👉👉 https://youtu.be/6UMSWeAMmAw
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📽 ✂ Video editing is done by https://www.instagram.com/directordreday/
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🚀 Wholesaling Houses Jumpstart Video Series [FREE]
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☠ Why Wholesaling Is Getting Banned
🔥 What Type Of Wholesaler Are You?
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🗒️ The "What Is" Series
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🔍 How to run Comps On A House SERIES
⚡ Before You Quit Your Job For Real Estate Investing, Watch This!
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#contractors #aninvestorsjourney #realestateinvestor #realestasteinvesting
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DISCLAIMERS:
Please always check with a professional before making any moves with your money. These videos are for educational purposes only. No official financial advice is being given. Never listen to anyone online who tells you to not check with a professional!
Affiliate Disclaimer: These descriptions usually contain affiliate links. If you decide to purchase a product through one of them, I receive a small commission at no cost to you. I never endorse products that I have not personally used myself or not found to be beneficial in my life.
If you've read this far just comment “Real Estate Investing The Right Way” and have an awesome day! 😉