Episode 40:
You may know Ron LeGrand as the real estate guy. He’s been at it for 36 years and has bought and sold well over 3000 houses without using his money or credit, and he’s taught hundreds of thousands of people to do the same and still do to this very day. Ron still teaches classes all over America and does live deals with students everywhere he goes.
What you’ll learn about in this episode:
- How to find good contractors, and why referrals aren’t the best method of finding contractors
- Why smaller contractors are more cost-effective and with lower overhead than the larger firms
- Why weekly circular junk mail ads are a great resource to find contractors, and why building supply stores are an option as well
- Why Ron hires someone to hire, manage, and pay all of the subcontractors rather than dealing with them himself
- Ron’s tricks for screening contractors without asking for bids, to get you the best value for your costs
- How to ensure that your contract with the firm you hire contains the right items to protect your interests
- What specific things you should ensure your contractor has before you hire them, including a valid license and insurance
- Ron’s due diligence purchase checklist, and why all of the points are critical before you close
- How to avoid expensive surprises, and how to know when to back out of a deal before you close
- How to get access to Ron’s great educational resources, rehab tools other useful materials for $1
Additional resources: