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Updated almost 8 years ago on . Most recent reply

Account Closed
  • Kyparissia, Messinia
15
Votes |
56
Posts

Rentals vs. Flipping for long distance investing

Account Closed
  • Kyparissia, Messinia
Posted

While discussing where to make our fist investment, my husband and I thought that maybe it would be easier to go into flipping rather than rental properties. Given the difficulties of managing a property from a long distance is, would it be better  to buy a house, fix it up and sell it?  My husband was a carpenter and both of us are good at DIY.  This would be done after retiring, so we'll have lots of time.  This is just a thought.  I haven't done any reading yet, but have bought books that I will read soon.  

Most Popular Reply

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688
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Elbert D.
  • Real Estate Entrepreneur / Investor
  • Chicago, IL
367
Votes |
688
Posts
Elbert D.
  • Real Estate Entrepreneur / Investor
  • Chicago, IL
Replied

Estelle Angelinas hey how's it going. Well normally I would agree with what Bruce stated about not trying to invest too far from where you reside. But my partner and I have a program for international and out of state investors like yourself. We find houses SFH or MFH for investors looking to invest in Illinois or Indiana. Specially but not limited to Chicago and northwest Indiana. The program consists of property managers for foreign investors looking for buy and hold properties. We also have several realtors and two rehab teams we work with as well. So if we find you a property you can use our rehab team of guys to get the property to your liking or you can use your own if you would like. As of now I'm working with a few Israel investors and they love our program and what we have to offer. Our approach is honesty and integrity and providing substantial value for investors looking to invest in the Midwest. Now overall as of now the market is very very tight and investors are screaming for houses. But it's like that almost everywhere from what I can see. If you or anyone from Greece would like more information or just help in general about investing send me a PM and I will get right with you!

  • Elbert D.
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