How do you pick the right market as a new investor? Today, we're answering questions just like this to help all of our rookie investors make sense of real estate investing.

From making sure your contractors aren't overcharging to knowing how to price your property, this episode could be exactly what you need to help you make your next day.

This is the Real Estate Rookie Podcast.

I'm Ashley Care.

And I'm Tony J. Robinson.

And with that, let's get into today's first question.

So our first question today comes from Oscar.

And Oscar says, is it unusual to ask your property management company to get multiple bids for repair work?

I've always found that contractor pricing can vary significantly and getting a few estimates helps me make a more informed decision.

In this case, I'm getting some pushback from my management company after requesting a second bid on repairs.

Just curious, how do others handle this? Is it standard

to expect multiple bids? Or am I a crazy out-of-state investor who has no idea what he's doing,

which also may be true? So fair question, Oscar. And I know what the experience is like for me,

Ashley, being a long-distance investor, but you've actually got a lot more experience here. So

what's your take is Oscar in the right for wanting his PM to get multiple bids or is he

a crazy out of state investor? When I, so I have two different takes. So when I was running a

property management company, our rule was always three bids for like over five, things that would be over five thousand dollars if it was

like a plumbing thing that would be you know two hundred dollars or whatever like we would not

go out and bid out different plumbers like we would for you know capital improvements mostly

or you know apartment turnovers that needed a remodel.

Things like that, we always bid out.

But when I had a property management company, I also got pushback.

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