Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

52
Posts
15
Votes
Andrew Reyes
  • Investor
  • New York, NY
15
Votes |
52
Posts

One-stop shop for long distance BRRRR, is it too risky?

Andrew Reyes
  • Investor
  • New York, NY
Posted

I am considering a market about 2.5 hrs from where I live. No immediate connection but I have distant family there so I am somewhat familiar with the area (visited a handful of times in my life). I found a realtor who invests while running a property management business and offering her realtor/PM clients access to her own construction crew.

I am concerned that this is putting too many eggs in one basket. I would prefer to have an unrelated party for each step of the process so that there are checks and balances throughout. This individual was referred to me by a mortgage broker that I have no prior relationship with.

Thoughts?

  • Andrew Reyes
  • Loading replies...