cover of episode 399: Solving the Investor/Contractor Relationship with Jeff Thorman of HomeRenovisionDIY

399: Solving the Investor/Contractor Relationship with Jeff Thorman of HomeRenovisionDIY

Publish Date: 2020/9/10
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BiggerPockets Real Estate Podcast

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Shownotes Transcript

    <p>Today we’re swerving a bit from tradition to bring you a guest who is <em>not </em>a real estate investor. <strong>Jeff Thorman</strong> spent years as a general contractor, built his own company, then started his own YouTube channel, <strong>HomeRenovisionDIY</strong>, to teach people how to renovate their own homes.</p><p>Learn from his years of experience renovating in this episode. Jeff brings us incredible tips on <strong>building strong relationships with contractors</strong> - from inquiry to project close. We discuss the <strong>importance of using quality materials</strong> in any project. We even dive into some <strong>projects you should absolutely be able to do-it-yourself</strong> 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 <strong>seamless and successful</strong>!</p><p>In This Episode We Cover:</p><ul>
  • 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

    Check the full show notes here: https://www.biggerpockets.com/show399

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