All Forum Posts by: Carsten Mortensen

 This seems like great advice. I am actually buying in the northeast Ohio market. If you have a referral for a good attorney and/or title company I'd love to get in touch with them.

 Thanks for the response, I understand they won't probably be up front in their responses to your questions 2 and 3, but there is a reason you are asking. What kind of response are you looking for out of them?

I have bought all of my deals with an agent through the MLS. You see all the time that the best deals come off market, and wholesalers find the best deals. You also see a plethora of cautionary tales "Do your DD on a wholesaler" What does that mean to you, what are good questions to ask a wholesaler?

I'm and intermediate investor with a small portfolio of a couple dozen units. I am looking for some coaching/mentoring from an advanced imvestor that might be able to look through my portfolio with a different lens and give some advice on next steps. I would love some referrals. I invest mostly in Cleveland and Southern Utah.

@Chris Seveney

Ya I'd sure like to avoid being taken advantage of. I've talked to my PM and they are going to go check on it for me from time to time. So I'll at least have a trusted point of accountability. I offered them $50 for each time I ask them to check on it since this is the first property of mine they are going to manage. I'll probably send them out after large progress points e.g. floor is installed, painting is done, shower is installed etc.

How much do you usually end up paying for a construction manager?

I'm doing my first long distance rehab. Normally during a rehab I have been able to drop in and check on the progress and quality of work of my contractors. In your experience what is the appropriate amount of asking for updates from a contractor that you have never worked with before? Too few of pictures and updates runs the risk of slow work, low quality of work, or general misunderstanding of expectations. Making them send too many pictures risks annoying your contractor so they don't want to work with you again, and wasting their time taking pictures of every little thing.