The single thing that I have learned doing business in construction and real estate goes across all sections and skill sets in the industry.
It can basically boil down to this: Know your people.
What I mean by that is look at their direct past. And look at their present.
Are they currently or recently doing the exact things that you are hiring them to do for you?
Do they do it well for others?
What do they do well?
Get beyond checklists and information. Look at who you are working with.
If you are hiring a property manager. What other properties do they manage?
If you are hiring a realtor. What other properties are they selling?
Do not operate in a vacuum.
Every market has an “energy zone”. This is where the active players are. Are you entering that zone? Or are you pulling people out into the outskirts?
You want to be entering the energy zone.
When I hire roofers, They usually have other projects going. Sometimes they cant get to me for two weeks because they have to finish other jobs. That’s good. Tha means they are in demand. They are “the team” that every body in the area is going after. That’s usually what you want.
You can also look for up and comers, but those people will generally have been involved in the “energy zone” in some way and will have a evidence based case for making their way forward as operators.
I started building houses because I had built solar on houses for many years. One thing led to the next.
