BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 3 years ago,
Long Distance BRRRR Questions
I am looking to do some long distance BRRRR's but have a couple questions.
1. How do you determine what to rehab from just the pictures?
2. I have done rehab's before but I have always been there to create a punch list for the contractor to fix... and also to sign off when something is complete. Who does this if I am remote? The PM that I choose?
3. Who defines the detail to the rehab? Color/Materials, etc. If I'm not there... does the PM take are of this?
I'm assuming that the PM is probably the answer....and if so... I'm worried...as my PM's on my other properties are good with renting the property but wouldn't say they are good at interior design.
Thank you for any advice.
Steve.