When should I use a CONTRACTOR?

[Vic Oyedeji]

I'm a buy & hold investor & I'm currently analyzing Single Family properties in B/C class areas in Raleigh & Durham NC under $180k.

If I find a property from the MLS/Zillow that needs some work and I want to look at it, when should I bring along a contractor? I've heard contractors like to know the scope of work before looking at the property since it saves them time.

What's your experience in this matter? Any answer helps!

[Jaron Walling]

If you're looking for distressed property it's vital to understand BIG ticket items. You can't waste contractors time. When I walk a property I'm focused on HVAC, kitchen, bath, electrical box, roof condition, and level floors. You don't need an expert to understand these items. After it's under contract I will call some contractors. I'll make adjustments to the rehab budget that I started on day 1.