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Updated 6 months ago on . Most recent reply

User Stats

4
Posts
3
Votes
Alex Baxter
  • New to Real Estate
  • Orlando, FL
3
Votes |
4
Posts

Investing remotely in Cleveland/Akron

Alex Baxter
  • New to Real Estate
  • Orlando, FL
Posted

Hi guys, I'm new but I do a lot of research. I have put in over 100h and feel confident I know what I'm doing from a functional standpoint. I don't have a team and need to build one. Before I start calling everyone in the metro area and interviewing them I figured I would come to you fine folks for recommendations or advice.

I need a good PM, contractor, handyman, and an agent. I'm unlikely to sell anything and plan to either fix and hold or buy turnkey. I am also not super flush with cash and won't be doing a ton of deals right away, so I might not be worth the time of a big player. I am perfectly happy working with a PM or Agent who can handle everything for me from start to finish, but am skeptical and want references. I understand these services cost money and have no problem paying people for their work. Everyone's gotta eat.

I want someone who is going to hold the handyman/contractors accountable and validate that they are completing work on time and up to standard. Videos and photos of the work as it's being done are a big help. I need people who understand my perspective and will not fight me on holding them or others accountable. Trust is earned, as the relationship grows I will be less nosy, but early on I might be annoying and someone who understands that and will put up with it is a must. I am not unreasonable, just afraid of losing money halfway across the country trusting people I don't know.

If anyone has any recommendations in the area I'm all ears. If anyone has any alternative suggestions for me or words of wisdom I'm always open to learning more.

Thank you all for reading!

Most Popular Reply

User Stats

816
Posts
930
Votes
Alfath Ahmed
  • Real Estate Agent
  • Columbus, OH
930
Votes |
816
Posts
Alfath Ahmed
  • Real Estate Agent
  • Columbus, OH
Replied
Quote from @Alex Baxter:

Hi guys, I'm new but I do a lot of research. I have put in over 100h and feel confident I know what I'm doing from a functional standpoint. I don't have a team and need to build one. Before I start calling everyone in the metro area and interviewing them I figured I would come to you fine folks for recommendations or advice.

I need a good PM, contractor, handyman, and an agent. I'm unlikely to sell anything and plan to either fix and hold or buy turnkey. I am also not super flush with cash and won't be doing a ton of deals right away, so I might not be worth the time of a big player. I am perfectly happy working with a PM or Agent who can handle everything for me from start to finish, but am skeptical and want references. I understand these services cost money and have no problem paying people for their work. Everyone's gotta eat.

I want someone who is going to hold the handyman/contractors accountable and validate that they are completing work on time and up to standard. Videos and photos of the work as it's being done are a big help. I need people who understand my perspective and will not fight me on holding them or others accountable. Trust is earned, as the relationship grows I will be less nosy, but early on I might be annoying and someone who understands that and will put up with it is a must. I am not unreasonable, just afraid of losing money halfway across the country trusting people I don't know.

If anyone has any recommendations in the area I'm all ears. If anyone has any alternative suggestions for me or words of wisdom I'm always open to learning more.

Thank you all for reading!


 Hey Alex - I would look to connect with other investor friendly agents. They are going to be your best in terms of connecting you with the right team of folks. 

First step is to connect with a realtor

Then get deal flow both on-market and off-market 

Connect with lenders, PM, and contractors that meet your purpose 

With what you are looking for in terms of project management, you will need to either manage the project yourself or hire your PM (who will charge you extra). 

Reach out if you have any questions about the process. I do 12-15 deals every month here in Columbus and send you resources that can help.

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