BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 5 years ago,
Doing a BRRRR in a different state
Hello All!
My first post here in the BP forums and VERY VERY new to this entire world, so please bear with me if this has been answered a million times. I've been doing a lot of reading, listening and watching of all things real estate investing here in the BP universe. I'm curious how investors work the BRRRR strategy, more specifically the REHAB aspect of the BRRRR strategy from another state? Managing a rehab on a local property is difficult as it as, how do you all manage your rehabs when you can't be in the area 24/7? Also, let me preface this by saying that I work full-time in a completely different industry and taking any sort of time off to be at the location in a different state would be impossible. Any tips for the newbie investor?
Thanks!
Paul