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Updated over 8 years ago, 07/06/2016

User Stats

96
Posts
24
Votes
David McBrayer
  • Rental Property Investor
  • Winter Haven, FL
24
Votes |
96
Posts

Is there a company that handles Real Estate Investing for others?

David McBrayer
  • Rental Property Investor
  • Winter Haven, FL
Posted

I am sure there is a company that will invest your money for you in Real Estate right?  Let me tell you what I was thinking and see if someone might have some advise for me?

I have a couple of condos paid off and then one with owner financing with about 9.5 years and $28k left on the mortgage.  I own 1.45 acres vacant land free and clear behind WHCS in Winter Haven, FL.  Well, all the properties are in W.H.  Later this month I will close with cash on a 3-2 concrete block house that needs some rehabbing.  It needs about $30k to $40k to rehab it.

Due to the time left before closing, 7/15/16, I will probably just pay cash for the house and try to finance the rehab or do the rehabbing in projects.  This house has a rental unit out back as well, so the property should cash flow well.  I could rent them both out now, but they could use some updating and I would like to do it while they are empty.

But my question would be this.  Is there a company or companies out there that handles Real Estate Investing for you?  That can say, refi your properties and make investments on your behalf?  I am sure there is, but I don't know anything about them or where to find them?  I am sure there is a nice fee or percentage to do it.  Has anyone heard or dealt with a company like this?

If someone has some advise on this? I would appreciate it.  I am sure there are far smarter people than me that can put my properties to work for me in a better way or help me upgrade or buy more and bring in more money.  I would certainly listen to what someone in this field had to say and see if it is what I am after.

Thank you in advance for any input you may have on this subject.  Have a great day!!!

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