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Updated about 6 years ago,
First Rehab - Establishing a contractor & investor relationship
Hello,
I am interested in buying a rental property to rehab then rent out for my first deal. (BRRRR Strategy) I look relatively young despite being 22 years old and I think it's a bad thing in terms of coming off professionally and respect in business. (I say this because it has happened to me before) How would I handle that and avoid being taken advantage of? Also, I have no experience working with contractors, how could I set the foundation of the investor & contractor relationship to make sure my first rehab goes smoothly? From what I've read and listened contractors can hurt your business if your not careful so I'm trying to do my due diligence.
Any advice would be much appreciated!