I have a certain coworker who is an investor in real estate.

I have been working to become an investor while managing my commercial construction company, but I recently decided to use my crews to rehab homes for other investors. What do you guys think about this decision?

My old CO I used to think was crazy.

@Justin Gumola, there's a list of many of the local REIAs and meetups at https://www.biggerpockets.com/rei/michigan-real-estate-investment-clubs/I co-host the one @Mark Byrge mentioned, there's more info at https://www.facebook.com/events/1665882150335463/It's free, come on out when you can.

We are getting ready to buy three lots from our neighbor.  Lots #3 & 5 are vacant lots with Lot4 sandwiched in between.  Lot 4 has a cabin on it.  Here's the sticky part--  my husband and I want only lots 3 & ...

It was a really good read, but there are some things that he does or recommends that I have questions about.He was investing decades ago, home prices were lower but so were worker wages.

But, if your contractors don't all carry workers comp and/or if you have employees, you may want to get it.- Umbrella Coverage:  This will often cover you when other types of liability are over-extended. 

Sounds like one of our Colorado water issues with the shut down of irrigation wells.

@Teage StauntonHays Co. is already getting actively marketed to by investors who are moving out of Austin due to inflated prices but there are always deals to be found if your marketing connects with the right person at the right time in their life.

You as a contractor should know there are many more factors involved than just labor and parts, such as the incredible amounts of insurance, overhead and taxes involved with running a business as well as you making a living off your workers actually doing the work.