Today we’re swerving a bit from tradition to bring you a guest who is not a real estate investor. Jeff Thorman spent years as a general contractor, built his own company, then started his own YouTube channel, HomeRenovisionDIY, to teach people how to renovate their own homes.
Learn from his years of experience renovating in this episode. Jeff brings us incredible tips on building strong relationships with contractors - from inquiry to project close. We discuss the importance of using quality materials in any project. We even dive into some projects you should absolutely be able to do-it-yourself as an investor. As a real estate investor, you will have to complete renovation projects at some point - use this episode to make sure those projects are seamless and successful!
In This Episode We Cover:
Learning the contractors’ perspective
The importance in using quality materials and building long-term solutions in your properties
Shopping directly from suppliers to save money on big rehab projects
Creating systems to retain quality contractors
Understanding the real cost of low-cost materials
Upgrades to improve your rental property and decrease vacancy
How to ask a contractor to walkthrough a project before you buy it
How to spot houses with cosmetic fixes vs. big, expensive projects
Newbie DIY projects anybody can tackle
And SO much more!
Links from the Show
BiggerPockets Forums
BiggerPockets Bookstore
Virtual Wealth Expo
BiggerPockets Calculators
Home Depot
Joanna Gaines
Ikea
cost vs value report
BiggerPockets Insights
Marr Risinger's Youtube Channel
Check the full show notes here: https://www.biggerpockets.com/show399
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