Visiting Investment Properties Out of State

[Julian Pilate-Hutcherson]

FOR THE LONG DISTANCE INVESTORS ON BP. After reading posts about out-of-state investors owning/flipping many properties they have never seen in person before due to today's technology, I began to think... are there any situations where you feel like you MUST go visit your property or meet your agent, property manager, or GC in person?

[Hank Keller]

My opinion is that you always visit to meet the team, see their systems and see the quality of their build and the neighborhoods their in at least once. Trust but Verify! If youre truly in this for the long haul, there is nothing worse than getting started and then realize you dont like who youre dealing with.

Meet the property management, customer service, accounting / finance. Physically look at the software they use and ask them how they are screening, verifying when properties are ready for the investor and how they communicate.

Once youre good with that and you’ve got one under your belt, then let todays technology help you make more purchases...