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Updated over 4 years ago, 05/31/2020

User Stats

6
Posts
2
Votes
Christine Lai
  • New to Real Estate
  • Tampa, FL
2
Votes |
6
Posts

Newbie Investor & Eco-friendly Contractors

Christine Lai
  • New to Real Estate
  • Tampa, FL
Posted

First of all, glad to finally be a Pro member on BP. Looking to purchase a multi-family home (2-4 units) in central Florida using an FHA 203k loan to jump start my REI journey. I'm bracing myself for the rehab process and working with contractors as being the most challenging part of this process. Are there channels to find reliable contractors experienced in Leadership in Energy and Environmental Design (LEED) or along similar lines with investor/budget-friendly prices? The draw periods of aligning HUD inspectors to cut that check after a period rehab is what concerns me the most - paying a good quality contractor on time so are there any suggestions to play this out more efficiently (out of pocket, maybe)? And during inspections, are there particulars to pay extra attention to in terms of damages whom many have had bad experiences in?

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