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415: $9K/Month Cash Flow, Scaling FAST, & Saving Thousands in Taxes by Doing THIS w/Riley McFarland
Real Estate Rookie
Consider the financial implications before choosing to do your own rehab
When deciding whether to do your own property rehab or hire a contractor, it is essential to consider the financial aspects. By calculating the cost of hiring a contractor versus the value of your time, you can determine if it is more profitable to focus on your primary job and hire out the rehab work. Taking into account your hourly rate at your job and the cost of the contractor can help you make an informed decision on whether to invest your time in the rehab or allocate it to more lucrative opportunities.
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