In this episode of the Lone Star Capital podcast, Todd Beardsley joins us to dive into the importance of procurement, networking, and strategic purchasing. We discuss how adopting the right mindset for effective procurement can make a significant impact, as well as the value of leveraging scale in purchasing decisions.
The conversation also covers managing contractor relationships and the role of inventory management in maximizing investment returns. We explore key aspects of property management, including HVAC repairs, the impact of tariffs on property values, and the challenges posed by renovation costs. Additionally, we discuss the ongoing debate between roof repairs and replacements, the complexities of supply chains, and innovative procurement strategies to help save costs. Finally, we highlight the benefits of managing repairs in-house to improve efficiency and save on expenses.
Learn more about Lone Star Capital at www.lscre.com.
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