Are you considering real estate investing as a full-time career? Whether you plan to fix-and-flip, buy-and-hold or buy-renovate-rent-and-refinance, your real estate endeavours will benefit from a cost-benefit analysis of working with contractors.
We have have all heard the saying "Time is money". Whether a fix-and-flip investor or a landlord, it very important that we spend our time to work on our businesses and not in our businesses. A well-executed project can be far more profitable than a project where an investor spends months working on the property, doing most of the work on their own in an effort to save a little bit of money.
If you are looking to find the most cost-effective solutions for renovations and maintenance, you don't want to miss this Truly Invested mastermind session. We will be discussing: the three different types of contractors, tasks that are okay to do yourself, tasks investors should never do and leave to the pros, finding the perfect contractor, six questions to ask all contractors, eight must-haves in contractor bids, contracts, payment schedules, change orders and much more.
This month's meeting will be led by Ben Eko-Davis, Real Estate Investor and Founder of Truly Invested and Abiona Properties Inc. Like most Canadians, Ben struggled to find good investment opportunities until he discovered real estate. Since 2010, he has been successfully investing in real estate and in 2015, he founded Abiona Properties Inc. Ben is truly passionate about helping others achieve their financial goals through proven real estate investment strategies and fundamentals.
ACTION TAKER OF THE MONTH AWARD
To reward our members for taking action towards their real estate investment goals, one of our members will win a copy of Michael Corbett's Find It, Fix It, Flip It at this month's meeting.
Not yet a member? Not to worry. Non-members will be entered in a draw for a door prize. And remember, your first meeting is always free!
Don't forget to bring a guest or business partner to this month's meeting. Hope to see you there, and happy investing!