Stick To What You Are Good At

Yesterday I walked through a property that I was interested in purchasing as an investment property.

As I walked through the property, I became less and less interested. The current owner had purchased it in May as a private sale, got rid of the "bad" tenants and had been working on renovating it. It's actually still in the process of being renovated and it's obvious that the homeowner is doing it himself and he has no construction experience.

When I go through houses like this, I run. The craftsmanship was absolutely horrendous (and I'm being nice). What scares me the most about houses like this is what I can't see. If what I can see is that bad, imagine what is hidden in the walls...

The world is full of Do-It-Yourselfers now (and not only in construction). I'm not against doing it yourself but just because you "can" do something does not mean you "should" do it.

Doing it for yourself is one thing. Doing it for somebody else is another...

Stick to what you are good at and hire experts for the rest. The results will be much better.