Updated over 4 years ago on . Most recent reply

Do You Like To Do It Yourself?
Just curious what your experiences have been when you've tried to do some of the rehab yourself for one of your projects? Are you glad you did it? Do you wish you just paid a little extra to have someone do it?
As a lender we still all different scenarios play out. Some of our borrowers are actual GCs while some just feel comfortable doing this particular job or dealing with that item. Others, of course, outsource it all. Just curious how much or how little you all like to do?
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There are quite a few things that I do myself. Part of it is the attention to detail from many contractors is so low. I am buy and hold so I don't want to re-do repairs.
Also when I do hire a contractor I know what is involved and what they need to have ready so they can be effective with their time and mine.