real estate rehab

Performance Property Real Estate Question

How The Iron Triangle Helps Investors With Contractors

Q: Gerald, I’ve been having trouble finding and keeping contractors to work on my property rehabs. I just want reliable, inexpensive contractors who do good quality work. What am I doing wrong?  Curtis, Union, N.J. A: That’s a good question, Curtis. All of us as investors are looking for contractors with those qualities. And let’s take a deeper dive on exactly what you’re looking at.  So, you’re looking for reliable contractors who are inexpensive and do top quality work.  I’d want that too, however, I’m not sure how realistic it is of an expectation consistently to have of a contractor. And the reason is pretty simple. Contractors are business people just like we are as investors. So, in the same […]

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