Unlike most traditional real estate investors, note investors buy nationally but with a tendency to focus on midwest , southeast and northeast.This means that if they are purchasing non-performing notes and end up acquiring a property, they will have to have a contractor or handyman renovate it.
Many note investors use national companies like Lauden Properties or National Asset Advisors for property preservation and renovation and that’s fine but what happens if those companies do not have contacts in the area of your property? It can be challenging.
More and more I am hearing very positive things about Home Advisor. HA has costs guides and you are able to hire a professional right from the website. These contractors and handymen are rated and reviewed and therefore have a good incentive to do a great job for you.