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Updated over 11 years ago,

User Stats

212
Posts
83
Votes
Matt Morgan
  • Residential Agent And Investor
  • Scottsdale, AZ
83
Votes |
212
Posts

How to lightly rehab buy and hold properties from out of state

Matt Morgan
  • Residential Agent And Investor
  • Scottsdale, AZ
Posted

I've found a market that meets my investing appetite and offers the kind of returns I'm looking for. A lot of the properties I'll be looking at are REO's and will almost definitely need some work to get up to code and in rent able condition. What is the best way to accomplish these repairs and updates from 2500 miles away? I will be flying out to look at properties and a property management company I spoke with says they are willing to do walkthroughs and give me rough estimates. I've since become skeptical about property managers and wonder if it may be better to make contact with a local GC who is willing to do the walkthroughs or what my best option may be. I know GC's should probably fall under the same skeptical category as PM's, but just fishing here.

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