Many investors take pride in having a strong sense of “do it yourself” when it comes to maintenance tasks that pop up in their investment property. This isn’t necessarily a bad thing, but when does the amount of time required of the investor outweigh the cost of having a contractor come in and do the work for them?
First and foremost, there are some tasks that should be tackled by a contractor without hesitation, either due to job difficulty, licensing requirements, permit requirements, or hazardous nature of the work. A good example of this would be upgrading an electrical service. In many areas, a certified electrical contractor has to pull a permit from the municipality, and the work can not be completed by the investor or just a handyman.
