Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Corey Edwards

Corey Edwards has started 3 posts and replied 12 times.

I've recently been getting emails about software search engines that claim to pinpoint off market deals using innovative algorithms, etc. etc. Has anyone used one of these search programs? Do they work? If so, how quickly and was it more beneficial to your business than the more conventional methods - networking, mailings and realtors?

Originally posted by @Mike Dymski:

Two choices (1) get used to it and just follow up and ensure the work is completed according to contract and (2) scale so you can have others deal with it.  It's just part of the business.  I did #1 for a while and then HAD to move to #2.

Side note...over the next 10-15 years, automation is going to displace workers and drive construction labor costs down as workers move into the trades.

 Is "get used to it" really the top answer? We just went through an ordeal where the lack of quality of the work costed THOUSANDS of dollars in repair costs, holding costs and lost time on the listing. Potential buyers who loved the design of the house lost faith in the workmanship, and we've ending up selling WAY below what the property should have been worth. We didn't get what we paid for, and the only answer in this industry is "get used to it"?

My business partner wants to take legal action against the contractor. I said something similar to your "get used to it" stance at the thought of suing, but the more I read, over and over again, about investors/homeowners being taken advantage of by poor workmanship I just wonder is there a way to hold contractors accountable other than to not use them again and learn from your mistakes?