Communicate Your Expectations The best thing you can do to make that process flow easily is communicate your expectations in terms of your desire for return communication. Each time you send anything to a contractor, that communication should include a mention of what you’d like to receive next — and when. For example, when you... Continue Reading →
Should You Ask Your Property Manager to Work With Your Contractors?
As an investor, you likely have contractors you know and trust, especially if you’ve been in the real estate business for a while. Because you know and trust them, you’d like working with them when you need repairs or maintenance done. And that makes sense! I always invite my landlords to use their own contractors... Continue Reading →
How to Avoid Renovation Mistakes on Your Rental Properties
If read thoroughly, this article should offer immense value at my expense. I’m wrapping up a renovation in which I just made plenty of mistakes. The rental looks great, but in turning over the unit, I upgraded unnecessary components that simply won’t add to cash flow. I went a bit too far with additional costs in order... Continue Reading →