DPW Properties Wealth Builders

[Wai Fung]

Has anyone heard of http://www.dpwproperty.com?

I did a search on this forum, but it didn't come up with anything.

I am looking to purchase 4 plexes through this company.

Any feedback would be appreciated.

[Steve M.]

Wai ...

Are you new to investing? If so, seeing as you are in Cali & DPW is in St Louis, I'd highly recommend starting with an area reasonably close to you. Investing with a company 1500 miles away allows you little to no control. If you have them PM the property as well, you hands are pretty much tied.

I started with "Investment Groups" when I got started. I wish I hadn't. I felt like I had zero control and was taken for a ride SEVERAL times. Luckily, I made it out relatively unscathed. If I could rewind and start over, I'd do all the ground work myself, head to your local RE events & meetings, and learn the ropes yourself :)

I'd only recommend out of state (non local) investing to seasoned investors. It doesn't take much for you to get overwhelmed and upside down quickly.

Just my $.02 cents :)