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 over 3 years ago on . Most recent reply

User Stats

168
Posts
123
Votes
Brianne H.
  • Investor
  • Calgary, Alberta
123
Votes |
168
Posts

Someone local to manage a long distance BRRRR - does that exist?

Brianne H.
  • Investor
  • Calgary, Alberta
Posted

Hello all, I'm from AB Canada and looking to do long distance BRRRRs in the US. (I've done 4 local flips/developments.) I'm not married to a particular market yet, though I'm looking at Midwest or Southern states that are landlord friendly. I'm most apprehensive of managing the rehab aspect from a distance and making sure the estimated costs are correct, and would really feel a lot more comfortable having a local person oversee the project. (I expect to factor in this cost when running my numbers.) 

Does this service exist? By whom - property management, realtor, hiring a local independent investor, another investor/wholesaler that specifically works with long distance BRRRR buyers? What's the best way to do this, and how much would you expect to pay for this extra layer of management/oversight? Any recommendations? Thanks so much!

Loading replies...