All Forum Posts by: Mike MacDonald

I am a new investor and seeking to network with fellow investors, realtors, lenders, as well as general contractors. I have a background in construction but definitely use contractors each time I get into purchase agreement on a property to obtain the surest data regarding rehab costs. Using multiple resources seems somewhat excessive. On the flip side, I get to ensure that money I am using (mostly HML) is used to the best use available. I have certain questions I ask every time I speak to a new contractor, and I appreciate taking time to get to know each one I speak with. Experience with investor type rehabs and SOW, timeframes, license and bonded, previous projects that had problems that they worked through and how, as well as workload are all subjects I bring up in each conversation. In vetting out contractors, it often takes working with them on a project to truly know how they work and the best you can do is trust your instinct. What do you do that works well to vet out (interview) contractors?

This is an encouraging post! I am in Grand Junction on the west side of the mountains from you. I am constantly looking around and seeing properties, not listed, that I think would be great investments for rehabs for flips or rentals. I am looking get into my first house so lots of research at this point. You mentioned you purchase mostly through mls. Have you ever approached home owners or have any ten members that search for run down homes to talk to owners? Wondering about the effectiveness of this strategy.

This is excellent Vincent! In many ways we need to get out of comfort zone to fulfill our dreams. I love the networking and the possibilities.

Hello everyone, I am eager to meet and network with as many people as I can. I look forward to learning and investing here! Cheers, Mike