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Updated over 9 years ago,
Flipping out of State/Midwest contacts?
Hello,
I am new to BP and real estate investing. I live in Alaska and currently buying my first four-plex to hold for passive income. I really want to start flipping houses, but it takes a lot of cash to get into homes up here not to mention the high construction costs. I am originally from the Midwest and considering investing out there, but concerned about doing a flip with all that distance. I would have to build a team I trust out there, but don't know anyone in the business in that area.
My question is has anyone had success at flipping homes from a distance.
What are your feelings regarding the markets in the downriver Michigan area, Ohio and Indiana? I am from Michigan and have family in Indiana, so I am considering focusing on those areas.
Does anyone have a referral for a realtor, investor or contractor in these areas that are willing to work with an out of state investor?
thank you, Ann Marie