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Updated over 2 years ago on . Most recent reply

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Joel Saltzman
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Marty Boardman
  • Real Estate Investor and Instructor
  • Gilbert, AZ
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Marty Boardman
  • Real Estate Investor and Instructor
  • Gilbert, AZ
Replied
Quote from @Joel Saltzman:

@Chris Seveney that's a great idea. How would you vette them? 

Also, it sounds like people are able to purchase out of state and do the whole BRRR process remotely. How would you find competent people remotely?


If you find a contractor at Home Depot or Lowe's at 5:30a it's a fairly safe bet they are hardworking and reliable. The lazy ones don't wake up that early :)

Another way to find them is to drive around your area and look for the ones working at other peoples' homes. I stay away from the trades with fancy painted trucks/vans and matching shirts. They will be too expensive (too much marketing overhead). I like contractors that are just getting started with their business. They're motivated to grow and expand.

Good contractors prefer to work with other good contractors. So when you find one ask them for referrals.

As for finding contractors out of state...I'm on a plane right now flying from Phoenix to Green Bay to check on 3 of my houses. It's very difficult to build a team 100% remotely. I make 3-4 trips per year to the markets I invest in to meet/recruit and team build.

Finally, ALWAYS pay your contractors promptly and they will LOVE you and will make you their priority.

Good luck Joel!

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