If nothing else, we’ve been able to extend the life of our HVAC and stop damages from accumulating with preventative maintenance inspections. You would like to trust tenants to replace their furnace filters and call maintenance when there are leaks. But unfortunately, that is most often not the case. Doing it yourself ensures those systems are protected and problems that could cause major damage get nipped in the bud.
Discounts and Standardization
Another thing to consider is trying to buy all the materials for your contractors yourself. The more you buy, the more discounts you get from places like Home Depot through their Pro Xtra program. In addition, you should join your local Real Estate Investors Association, as they have a two percent discount with Home Depot for REIA members. And of course, BiggerPockets Pro members get similar benefits.
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