All Forum Posts by: Austin McClain

Hire a third party (who is not the contractor) also to take progress photos and confirm the condition. A home inspector would be a good person for this 

I agree with hiring a management company if you're remote. You'll take more vacations in the future, so you'll need a team in place for management 

If you can, try to attend a networking event or conference in the area you want to target. That will help you make connections to grow your team. 

I like the tertiary markets close to Central Ohio. There's less competition and the monthly returns are good with the price to rent ratio 

I DM'd you - I can introduce you to some hard money lenders in Ohio that I've used 

Looking forward to it! 

You should look into hard money lending as an option too. That would be easier than sourcing 5x private investors. 

Good luck! Be sure to set up a team (specifically a good property manager) in the market you move into. 

Switch to a new PM. I can send a list of some I know in Dayton 

I look for good reviews from owners, and someone with systems in place. In my experience, a PM that has multiple hours for phone calls with you is a red flag. A good PM should have hundreds of doors without that much capacity for phone calls with every owner. Instead, they have great systems to make the management processes automatic.