Rental Property RENOVATION

[Rehan Noorani]

Hi there, 

I am looking into real estate deals in the Houston, TX area. All the deals I am looking at will definitely need some work, but how do I go about making the repairs? Should I contact contractors or handymen, if so, how many to get bids from before using someone?

[Mark Sewell]

For sure.  Talk to other investors in the area and get some referrals - ask around.  This is just one reason why networking is so important.

But don't think that this means you need to go to each and every property every time you want to make an offer.  You won't have time and they certainly won't have time.  You'll need to get a couple bids and get a feel for what things cost.  Again, maybe other investors can help with this - they might have bids for properties they already did.