Be very specific as to what is in the contract and what is not. You may assume a toilet seat is included but that doesn't mean it will be included by the contractor.
101 Street Smart Cash Flow Accelerators
Lou Brown has been buying, selling and holding property for 40 years and you are about to discover what a lot of so called gurus are missing.
* How to buy all the property you want without ever visiting a single bank or needing to qualify for a loan…
* How to have a buyer or renter before you even buy property…
* How to have them already pay you money before you sold them anything…
These are exactly the kinds of deals he does day in and day out. Most 'investors' are getting it wrong. It's not about the property, it's about the buyer. Buying right and buying cheap is what you'll do after you have the buyer.
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Hi, it's Lou Brown. I'm back with another of my 101
cashflow accelerators to help you be more successful in your real estate
business. Well, make sure that when you are dealing with a contractor in this
section, we call this renovation or success or renovating for success. Let's be
sure that we not only enter into a contract with the contractor, but we know
exactly what they're going to do with that contract. Now what I recommend is
you actually do your homework and that means go through the property yourself,
not with the contractor, I mean yourself and literally break it down. What do
you want done in each room and what do you want each trade to do in each room?
So what I did in my renovation system, volume 11 what I did was actually
determined each one of the different trades and then determine what they would
do in each room.
cashflow accelerators to help you be more successful in your real estate
business. Well, make sure that when you are dealing with a contractor in this
section, we call this renovation or success or renovating for success. Let's be
sure that we not only enter into a contract with the contractor, but we know
exactly what they're going to do with that contract. Now what I recommend is
you actually do your homework and that means go through the property yourself,
not with the contractor, I mean yourself and literally break it down. What do
you want done in each room and what do you want each trade to do in each room?
So what I did in my renovation system, volume 11 what I did was actually
determined each one of the different trades and then determine what they would
do in each room.
And I wrote it out so that beside that you could determine
what you wanted done on a particular thing such as baseboards, such as crown
molding, such as doors, windows, etc. All those things are broken down, room by
room and item by item so you can simply type in what it is you want done next
to that. Now when we hire the contractor and we get three different bids, each
one of the contractors is given exactly the same set of guidelines so they
can't twist it and turn it and make it apples to oranges instead of apples to
apples to apples. That's what you really want when determining who you want
doing your project and whether you're getting the right price. Hopefully this
has been helpful to you. My name is Lou Brown. Look forward to seeing you soon.
Visit our website, StreetSmartInvestor.com visit our YouTube channel,
StreetsmartInvestor, and I hope to see you soon. Yeah, baby.
what you wanted done on a particular thing such as baseboards, such as crown
molding, such as doors, windows, etc. All those things are broken down, room by
room and item by item so you can simply type in what it is you want done next
to that. Now when we hire the contractor and we get three different bids, each
one of the contractors is given exactly the same set of guidelines so they
can't twist it and turn it and make it apples to oranges instead of apples to
apples to apples. That's what you really want when determining who you want
doing your project and whether you're getting the right price. Hopefully this
has been helpful to you. My name is Lou Brown. Look forward to seeing you soon.
Visit our website, StreetSmartInvestor.com visit our YouTube channel,
StreetsmartInvestor, and I hope to see you soon. Yeah, baby.
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