BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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How to build a team for out of state BRRRR
Hi everyone!
Afgrr completing two successful BRRRR I want to expand into other markets and trying to figure out what I need yo have in place in terms of team members.
Tge way I see it there are three major parts - finding a deal, doing the repairs, then managing it.
To be more specific, my questions are:
1. I am in touch with agents and wholesalers to locate deals, but who should I look for for go/no go? Someone who I can show the deal to and hear an opinion and a bottom line. Is this a property manager? Contractor?
2. Does it make sense to do the repairs through your management company? On one hand it's easier to deal with one contact, but I assume they tend to be pricier compared with individual contractors
3. Who is your go to contact for each step of the way in out of state BRRRR?