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Updated 11 months ago on . Most recent reply

User Stats

14
Posts
17
Votes
Andrew Matura
  • New to Real Estate
  • Indianapolis
17
Votes |
14
Posts

Balancing Strategies: Buy-and-Hold Rentals + Handyman Services?

Andrew Matura
  • New to Real Estate
  • Indianapolis
Posted

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

User Stats

411
Posts
314
Votes
Gloria N Gear
  • Realtor
  • Indianapolis IN
314
Votes |
411
Posts
Gloria N Gear
  • Realtor
  • Indianapolis IN
Replied

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

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