Starting Home Renovation Business On The Side

[Ryan Bratsch]

My business partner and I plan to start a small home renovation business on the side. The reason the idea came up was the fact that we are both interested in real estate investing and believe building handyman skills would only benefit the process. The current vision would be to start doing this on the side to gain the necessary skills and then add an employee or two after about 1-2 years. Ideally, we would build a solid trustworthy team in order to have a system ready for future rehabs. 

For anyone who has done something similar to this, please provide any advice or suggestions you may have. Thank you!

[Joe Schmitt]

That sounds awful. Working on houses sucks. You can hire handymen for $20 an hour. You don’t want to do $20 an hour work. You want to do $200+ per hour work. 

Put your energy into learning how to find DEALS. Make your money when you buy and let someone else swing a hammer.