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Updated over 4 years ago on . Most recent reply

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41
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Amy Fulbright
  • DFW, TX
20
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41
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Trips for Finding Prop Mgmt Co Willing to Rehab?

Amy Fulbright
  • DFW, TX
Posted

I'm not even sure if this is possible, but I figure I'll ask: Are there apartment management companies that will coordinate the fix-and-rent, so long as I'm willing to fund it? For example, I purchase a run-down complex, hand it over to the property management company, and they fix up the individual units, and then rent them out, and property manage the site for me.

If this is possible, how do you go about finding them? Any tricks? I'm looking to do this out of state (if that helps).

PS - the original description should say TIPS For Finding...

Most Popular Reply

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5,451
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Jim K.#3 Investor Mindset Contributor
  • Handyman
  • Pittsburgh, PA
13,750
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5,451
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Jim K.#3 Investor Mindset Contributor
  • Handyman
  • Pittsburgh, PA
Replied

In no way am I disparaging @Jeff Copeland and his business model by saying that you should make sure to do your due diligence before investing in a one-stop shop like this. I suggest you read up on the Morris Invest debacle. @James Wise has conducted the most thorough private investigation of this scam to date and has published multiple videos on his findings.

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