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Updated 11 months ago on . Most recent reply
![Andrew Matura's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2895643/1707172955-avatar-andrewm1460.jpg?twic=v1/output=image/crop=1327x1327@90x110/cover=128x128&v=2)
Balancing Strategies: Buy-and-Hold Rentals + Handyman Services?
Hi everyone,
Alongside being new real estate investor in Indiana, and planning to utilize a buy-and-hold rental property strategy. I'm also a skilled handyman and was considering offering my services to other investors as a separate business venture.
My question is:
- Is combining buy-and-hold rentals with handyman services for other investors a wise approach, or will it spread myself too thin?
- Would other real estate investors in central Indiana be interested in a reliable handyman service specifically catering to rental properties?
I'm eager to learn from experienced investors and determine if this multi-faceted approach is feasible or if it's best to focus on one area initially.
Thank you for your insights!
Most Popular Reply
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YES! Investors feel more confident hiring vendors that are investors themselves. I like referring to people like you who are also investing because you can also give insight if a property is a good buy or not. Also, for you, you are gaining experience while getting paid for it. Win-Win.
- Gloria N Gear