Really? And how is it you arrive at that conclusion?
Mechanical idiots who can’t be arsed to educate themselves typically get taken advantage of by tradesmen. And kudos to the tradesmen — if they can eat off the backs of clueless loser “investors”, more power to them.[/quote]
You have a axe to grind with investors, because they have squeezed inventory and forced up prices, yes? I understand that, but don’t discount that many are non-institutional, reluctant landlords, having had their hands forced by the lack of fixed income investments. I don’t think that makes people “mechanical idiots” (whatever that means), just a bit desperate. Getting back to using trades people, a property manager will have their own that they use. If you insist on pictures, invoices and if necessary alternative quotes you should be OK. The key is to manage your property manager, and budget for repairs an replacements. Home owners are as likely to be taken for a ride on their own properties than professionally managed investments.
