When you are in the house flipping business it is always wise to treat it as a business and not a hobby. That is something that many people forget. They become too attached to the properties and over do the repairs.
The most important aspect of the house flipping business is to spend your time wisely and focus on the business growth.
Many investors also decide to do every repair on their own. This often fails to be the wrong approach. Budgeting properly for repairs and hiring a contractor to do the repairs is key. It is much more profitable for you to work on finding the NEXT BIG DEAL than spending 4 months repairing the house yourself.
But the point of this post is to give you a great free resource that is available that will show you how to do nearly any small repair when hiring a contractor is too much.
Bob Vila has a great resource on his website for you to see. It will show you many repairs as if they are your problem. You can learn what to do and how to do it with out actually doing it. Sometimes it will be okay to do the small repair yourself without hiring a contractor to come in and do it.
Sometimes it is okay to make that small repair yourself as it truly isn’t that hard. I hope you enjoy it.
Remember that you are in the house flipping business and you are not a repair man but sometimes it is okay to make a small repair yourself.
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