If you plan to manage your own property, which will most likely include making repairs, you will need a good set of tools. For the beginner real estate investor, making your own repairs can save hundreds to thousands of dollars per year. Some contractors won’t even come to your property to provide an estimate without charging a fee. The more money you save on expenses, the better your return on investment (ROI).
Increase your positive cash flow (PCF) by making your own repairs! For a core set of 5 tools every DIYer must have, click here. For more tips on managing your own properties, click here.
The opinions expressed herein are solely those of the Author/WebMaster. Before taking any action, please consult your real estate, financial, and legal advisors.
Related Posts
Chasing #Foreclosures! The Kitty Kat Condo! #foreclosure #realestatetips
When You Like #Tenant Who is Behind on Rent! #propertymanagement
When Searching for #RentalProperty Inspect #HVAC! #propertybrothers
Replace Wood Retaining Wall with Concrete? #propertymanagement
4 Lessons Learned – #Section8 #TenantScreening
Increase Monthly #Rental #Income by Adding Full #Bathroom! #propertybrothers