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BiggerPockets Real Estate Podcast

314: A 3-Step Blueprint for Managing Contractors Like a Boss with Andresa Guidelli

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.816.5K Ratings

🗓️ 24 January 2019

⏱️ 71 minutes

🧾️ Download transcript

Summary

Would your real estate business benefit from better rehab/construction knowledge or tactics? Well, that’s the focus of today’s show, where Andresashares her story of moving from Brazil to America and crushing it in the real estate space! Andresa excels in an area many of us find extremely challenging: managing rehabs. In this episode, she pulls back the curtain and shares tips for how you can do the same. Andresa gives great advice for finding excellent contractors (and vetting them), the three things she puts in every contract, and how she makes sure she’s never ripped off. You won’t want to miss her advice on finding the perfect team, determining the scope of work for your project, and learning your market. Andresa also shares a killer tip about challenging low appraisals she’s used successfully three separate times! Andresa is able to skillfully manage several rehab projects at a time while also running a side Airbnb business and gives great guidance on how you can do the same. Download this one now! In This Episode We Cover: How Andresa got into real estate How she finds great contractors The three things she puts in her contract How she pays her contractors Her advice for finding the perfect team How she embraces what she’s good at Why you should be humble enough to partner with others How she determines her scope of work Tips for understanding your market How she challenges appraisals Her advice for Airbnb investing And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Webinar BiggerPockets Podcast 234: Tenants, Evictions, & The Dark Side Of No Money Down with Ryan Murdock Best Ever Conference BiggerPockets Events BiggerPockets Podcast 203: Finding Deals, Funding, Contractors, and Mentors with Matt and Liz Faircloth BiggerPockets Podcast 260: The Ultimate Guide to Negotiating (for the Negotiation-Averse) With Former FBI Hostage Negotiator Chris Voss Books Mentioned in this Show Rich Dad Poor Dad by Robert Kiyosaki The Book on Investing with Low or No Money Down by Brandon Turner Extreme Ownership by Jocko Willink Never Split the Difference by Chris Voss Long-Distance Real Estate Investing by David Greene Traction by Gino Wickman The Code of the Extraordinary Mind by Vishen Lakhiani Tweetable Topics: “There’s somebody for every role.” (Tweet This!) “Get the ‘no’ first because that is when the negotiation starts.” (Tweet This!) “Partner up with somebody that is willing to share to you the entire process.” (Tweet This!) Connect with Andresa Andresa’s BiggerPockets Profile Andresa’s Website and Podcast Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

2024 is your year to find off market steals.

0:04.0

While most investors hunt for needles in the housing market haystack,

0:08.0

you can use Deal Machine's newest feature, Unlimited Contact Info,

0:11.0

to fill your property pipeline faster.

0:14.0

Get unlimited phone numbers and comprehensive contact information.

0:18.0

That means free skip tracing.

0:20.0

All of this is included in the New starter, pro and team's plans.

0:24.0

But it gets better this Black Friday pro and team plans are 50% off.

0:29.0

Sign up for the annual pro plan for just 750 dollars,,500, or scale your real estate business with the

0:35.3

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0:41.1

This is your chance to elevate your real estate investing game, but act fast.

0:44.8

This deal is only good until November 29th.

0:47.2

Visit deal machine.com slash Black Dash Friday today and unlock the full potential of your real estate business.

0:54.7

That's Deal Machine.com slash Black Dash Friday.

1:00.3

Are high mortgage rates killing your cash flow dreams?

1:03.0

What if you could score a 2.99% interest rate on your next rental.

1:07.5

With rental retirement, you can't.

1:09.5

Right now, they're offering 2.99% seller financing on their headache-free turnkey properties at

1:15.9

cash flow over $900 per month on average.

1:19.7

I'm going to stop reading this ad.

1:20.7

I'm going to go buy all the properties because you hesitated to go and

1:23.4

take action did you hear me $900 per month cash flow 2.99% interest yep it's

...

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