All Forum Posts by: Faustin Hoover

Hello I wanted to ask seasoned investors what they look for when buying a fix and flip or Brrrr or just a buy and hold. What major flaws do you look for? Do you have any good do and don't do pointers for a first or second property for new investors?

I am new to investing. I was wondering how people do out of state flips and brrrs. How do you find good contractors and do you hire a property manager to keep you updated on progress? Do you pay them in draws? Just wanted to see if anybody has done this and how it works. Thanks.

I think it depends what you want in the end. If you house hack you gain income and can refinance and pull out cash to further invest if you wish.

Thanks guys that helps. Is there anyone already wholesaling in ohio who would have some more detail or even be a mentor? Thanks.

I had a few questions about wholesaling in Ohio if anyone has some feedback it would be appreciated.

1. Do i need a license?

2. As a beginner without a first deal should i do it on my own or start a business entity first such as an LLC?

3. I have been doing my research on the topic and i believe i understand it enough. But where do i find assignment contracts i can use? are there some here on BP?

4. If i find an on market deal how do i create an assignment contract with the listing agent? 

5. If i am not close to that area how do i find a good escrow company and not have to attend closings?

Thanks in advance!