This week on Ask Rob & Rob, Steven asked:
How do you handle renovations from a distance?
A great question! The answer focused on a couple of older Property Podcast episodes, which talk about this very issue and how to tackle it (see links below). It also mentioned having someone to run the project that you trust completely. Trust is so important if you’re going to be doing things from a distance, so you may have to build this trust up over time, but it’s crucial if this is a path you want to take.
Investing in people and relationships is the way to make these things work – Rob D renovates from afar, and Rob B invests from afar, and in both cases finding the right people to work with on these tasks is the crucial thing. There are pitfalls of course, just as there if you were doing everything yourself.
Links mentioned in this episode
- The Property Podcast, episode 25: Investing from afar
- The Property Podcast, episode 159: Can you invest from a distance?
- The Property Podcast, episode 161: How we get so much done (and you can too)
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