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All Forum Posts by: Martti Eckert

Martti Eckert has started 2 posts and replied 4 times.

Post: Long Distance BRRRR in Ohio

Martti Eckert
Pro Member
Posted
  • Investor
  • Posts 4
  • Votes 5
Quote from @Andrew Postell:

@Martti Eckert what kind of questions do you have?

Hi everyone -

I want to thank you for your thoughtful and insightful responses. As a new member, I impressed and grateful to receive the information! In the coming days, I intend to reach out to a number of you offline.

I will also generally respond to Andrew's question about the questions I would like answered. (This is the tip of the iceberg; I would prefer to chat with members than fire lengthy messages back and forth.)

1. I am primarily concerned with completing renovations in a timely and satisfactory condition, so I foresee the selection of GC looming large in my project's success. How have you identified quality contractors and kept them on pace? Have you ever used a project manager (some might say white glove service) to ensure success?

2. Did you vet contractors in-person prior to hiring them to work on your projects?

3. As some of the responses have intimated, I have received mixed responses about undertaking BRRRs in the current higher interest marketplace. Based on my initial analysis, I get the sense that BRRRs are still quite viable in the three Cincinnati, Cleveland, and Columbus. Am I being overly optimistic, and if so, why?

Cheers,

Martti




Post: Long Distance BRRRR in Ohio

Martti Eckert
Pro Member
Posted
  • Investor
  • Posts 4
  • Votes 5

Hi Bigger Pockets community -

I am interested in pursuing the BRRRR strategy in one of several Ohio markets this year. I understand that completing long distances BRRRRs is a different kind of animal, so I am hoping to glean insight from investors who have successfully gone down this path. It would be ideal to chat with investors operating in the Midwest, but I welcome anyone's perspective on BRRRing from a considerable distance (plane flight away).

Thanks!

Martti

Post: Property Manager Recommendations

Martti Eckert
Pro Member
Posted
  • Investor
  • Posts 4
  • Votes 5

Thanks, Michael and Sam!

Post: Property Manager Recommendations

Martti Eckert
Pro Member
Posted
  • Investor
  • Posts 4
  • Votes 5

Hi Bigger Pockets community -

As I enter the Cincinnati market, I am looking for a property manager who is equipped to partner with me as a scale my operation. I would prefer to work with someone who is focused on managing properties rather than selling real estate.


Thanks in advance for any recommendations you can offer!

Martti