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Updated about 3 years ago on . Most recent reply

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Myka Artis
  • Rental Property Investor
  • Arlington, TX
470
Votes |
561
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How much do you pay boots on the ground

Myka Artis
  • Rental Property Investor
  • Arlington, TX
Posted

I have an out of state rehab I'm about to start and I wanted to know what other investors are paying someone to be their boots on the ground to overlook the rehab process. I have someone that is interested in doing it but I'm not sure how much I should be paying them for this type of work. Any help would be greatly appreciated.

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Scott Mac
  • Austin, TX
5,129
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Scott Mac
  • Austin, TX
Replied

Hi Myka,

It might come down to finding someone that:

(A) You get along with long term...not get on each others nerves.

(B) Really wants to do this vs just willing to do it for the extra beer money.

(C) is reliable, honest and will see things through to the end.

(D) has the experience to know what they are doing vs winging it or lieing about knowledge.

 Someone like that at double the price of someone lessor might be a good deal.

So price is always a concern, be wary of focusing on just that aspect.

Just my 2 cents.

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