Why Contractors Make Bad Real Estate Investors?
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.
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 the full episode: π https://youtu.be/6UMSWeAMmAw
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Announcement: π’
~Have Questionsβ text them to me π± 210-794-9898 π±
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β°TIME CODESβ°
0:00 β Why Contractors Make Bad Real Estate Investors?
0:14 β Misconception about Contractors
2:23 β Text Us "210-794-9898"
3:07 β Contractors donβt know the market like an investor should
4:40 β Difference between an
5:34 β Not all projects are the sameβ¦
6:35 β 3 Things to Keep in Mind when Rehabbing a House
6:38 β 1st: Area of Town
7:42 β 2nd: Market Conditions
8:28 β 3rd: Price Point
9:51 β Running Comps
11:03 β How do investors get into trouble depending on a contractor
11:17 β Creating Scope of Work
11:30 β If you're a Contractor, Do This
12:06 β Become an Investor-Friendly Contractor
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Here's more on how to invest in real estate:
π Wholesaling Houses Jumpstart Video Series [FREE] http://wholesalingtherightway.com/
π Don't know what's next? Schedule a Discovery Call with the Johns! https://courses.prymeacademy.com/StrategySession
π¨ Don't miss Coffee With The Johns LIVE every Friday morning at 8 am https://youtu.be/5FSZRB59BKw
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