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Updated over 11 years ago,
Question when dealing w/ out of state absentees
Sending out direct mail to absentee landlords - I decided at the last minute to include out of state as well as in-state. I'm getting more OOS than IS - how do you go about viewing the property just prior to signing paperwork and how do you handle paperwork with an out of state?
I'm comfortable doing in-state where I can do face-to-face and I've closed out of state deals via Fedex before, but I've never worked an out of state end to end.
Limited power of attorney for a designated rep in Houston? Get his/her property mgmt company involved?
I've got two deals on the hook right now, with sellers on opposite ends of the country (Virginia and California).