Cash Flow Positive

Part 1: Tips for working with out of state contractors


Listen Later

Ever felt blindsided by skyrocketing costs and endless delays when renovating a property out of state? You are not alone, and you do not have to fall victim to contractor nightmares again.

In this no-fluff solo episode, Kenny Bedwell (the relentless numbers-driven voice behind Cash Flow Positive) drops a real talk blueprint for working with out-of-state contractors on STR investments, so you keep your profits high and your headaches low. Pulling from raw experience and data-backed practical steps, he reveals the biggest blunders investors make, how to negotiate with confidence, and exactly what you must ask (and never say!) before handing over your dollars.

Don’t get burned by rookie mistakes or overpriced quotes. Listen now for the counterintuitive tactics, time-saving hacks, and inside knowledge you will not get anywhere else. Delay and you risk expensive lessons—press play for power, profit, and peace of mind.

Timestamped Highlights

[00:00] – Why most investors get “out-of-state” pricing—and how to avoid the trap

[00:02:28] – The one detail about yourself you must hide when calling contractors

[00:05:08] – Project management nightmares: overlapping crews, costly delays, and what nobody tells you

[00:08:00] – Inside Kenny Bedwell’s painful 6-month permit saga (and the holding costs almost everyone forgets)

[00:10:40] – Social media as a referral jungle: How to decode real reviews from angry rants

[00:16:08] – The invisible 10–15% overage rule and why your budget always lies

[00:18:00] – The supply scam: How to keep contractors from secretly padding their profits

[00:22:05] – The exact moment you should call contractors (Miss it, and it’ll cost you thousands!)

Mentioned Resources
  • The Home Depot
  • Lowe’s Home Improvement
  • Angi (formerly Angie’s List)
  • Better Business Bureau

Important Links
  • Want us to find the deals for you? https://strinsights.com 
  • Get Top Markers for STRs (2025) - https://rebrand.ly/28b1df 
  • Instagram – @kenny_bedwell
  • YouTube – Cash Flow Positive
  • LinkedIn – Kenneth Bedwell

Cash Flow Positive is an original podcast hosted by Kenny Bedwell. Brought to you by STR Insights. Production and editing by Podcast Your Brand.

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Cash Flow PositiveBy Kenny Bedwell

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