Real Estate Rookie cover image

10: 2 Long-Distance Rentals with $0 Down with Tony Robinson

Real Estate Rookie

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How to Handle Contractors During a Rehab

Felipe: I pride myself on how well I handle my contractors. One of the things that I do is while we're doing the walkthrough and they're giving me scope of work, we identify where 33% and a third percent of the job is. He can go receive that amount out, right? So we structure that prior to even signing a contract. It's like, hey, bud, these are the three times you're going to get paid. Rince don't move up like in California, when I was renting my room, it would go up like $50 every year,. But in Shreveport, it'll stay flat., he says.

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