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Updated about 4 years ago on . Most recent reply

User Stats

53
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7
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Collin Emerson Miller
  • Investor
7
Votes |
53
Posts

Competing with local investors as remote investor

Collin Emerson Miller
  • Investor
Posted

Hi BP community, 

I am a California-based investor looking to execute a fix-and-flip in Virginia and a hurtle I want to tackle is to form a strategy for competing with local investors.  So, how can a remote flipper compete with local investors? I understand that this can be difficult, but I would still like to hear an answer nonetheless.

Thank you!



Most Popular Reply

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1,730
Posts
1,511
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Jason Hirko
  • Lender
  • San Antonio, TX
1,511
Votes |
1,730
Posts
Jason Hirko
  • Lender
  • San Antonio, TX
Replied

I think the biggest thing you can do is have boots on the ground wherever you are investing.Whether that is a Property Manager, contractor, realtor, or something else, having someone that is reliable and can do a Facetime walk through on a property goes a long way. If you haven't worked with someone like that before to have established a relationship (and reputation for yourself of actually following through on sending those people some business they have gotten paid on) consider paying someone a hundred bucks or something to go look at a property for you until you have established yourself.

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