All Forum Posts by: Rori Stumpf

@Ali L., we pulled the time off the job sheets. So you get all the paperwork before they get paid and can keep track of expenses etc.

I used to own a home repair company and hired many handymen. 

1. Most of the guys doing this kind of work live pay check to pay check - I was paying bi-weekly on submitted time sheets only (i.e. no time sheet, no pay). 

2. Keep a close eye on quality of work and reliability, and take very good care of the guys that do good honest work. 

3. Typically handymen get paid an hourly rate - an experienced handyman can get the job done right and fast. An inexperienced handyman will take twice as long and might not do good work. Moral of the story is that you get what you pay for. 

4. Figure out how you will handle materials costs.

5. Always pay on time.

6. Most people treat handymen like crap - incentives such as cash bonuses for exceptional work will keep them interested in working for you instead of going to other jobs.

Home automation is going to become commonplace. I am sure the time will come when all switches and appliances will be connected. (read up on IoT - the Internet of Things)

A big catalyst is that Amazon Alexa is now enabling voice control of home automation and providing a single point of control, so I think it's going to happen very fast. Until now you needed an app or various different apps to automate the whole house.

@Robbie Reutzel, and if you don't ask you don't get :-)

Looking for SFR rehab deal with ARV up to $500k within 45 mins drive from Medway, MA

Willing to work with sellers to solve problems. 

Fast close. 

No hassles.

The webinars are at the exact time I have a weekly meeting so I can't join.  So it would be good to be able to see a recording of the webinar afterwards, instead of only live view.

@Paul Bowers, why would he need a broker to make an offer. If a broker didn't bring him, no need to find one to dance with.

If you have a lawyer, get them to write the offer under the terms you want. 

I'm interested. Would like to meet with investors in the area and see how we can help each other.

This is something I am grappling with, too. Had a chance to get into a $700k deal (acquisition + rehab costs) in a hot market and didn't make my best offer. In retrospect I probably should have gone for it.