Mooresville, NC, August 10, 2008 --(PR.com
)-- Scott Patterson, owner of Greenlight Properties is an experienced real estate investor who has made his mark by properly managing major rehab projects on single family homes. He joined Judson and Lynn Voss this week on Get Real, The Real Estate Investing Show for the Rest of Us. His appearance was designed to draw attention to the importance of properly managing real estate investor’s rehab projects.
Mr. Patterson spoke of today’s market and the need to acquire properties at an even deeper discount than in past year’s. This discount provides for extra lead way when planning for holding costs and repairs. He also stated with the increased costs of holding properties longer that managing rehab projects and their costs are even more important than in past real estate markets.
Scott walked through the process of finding new contractors and how to pre-screen them before they step on your job site. He further explained how to manage these contractors throughout the project to ensure the work is done correctly and to make sure no one is paid before the work has been completed. Scott’s goal is to stay in control of the project but be fair to his contractors at the same time.
Get Real is a top iTunes business podcast that can be heard at www.getrealrei.com , through a news reader at http://feeds.feedburner.com/GetrealREI or by searching for “get real real estate investing” through iTunes. The Husband and wife duo provides a down-to-earth, real world view of real estate investing for current and future real estate entrepreneurs.