All Forum Posts by: Sharonda Frazier

 Thank you. I've decided to let this potential deal go and work on my team so that I'm prepared next time. Appreciate your advice. 

@Malcomb Stapel Thank you! I'll try this. 

@Austin McClain @Drew Sygit @Nathan Gesner I have no problem paying them for their time and for the bid. I just didn't know that was a thing. I am very new to all of this.  So, I'll take your advice for future deals. Thanks!

@Malcomb Stapel thank you for your comment. It makes sense to have the team in place prior to closing. I am curious how to approach property management. Wouldn't I need to hire them in order to get information from them such as market rents, crime rate in the neighborhood etc.? How can I do that if I don't own property?

@Joshua Janus thank you for your insight. I might reach out to you as we're considering BRRRRing in Columbus!

I have a lead/potential deal in another state. I was told I should have a contractor visit the property on my behalf to give me an accurate rehab estimate and a property manager to find out about market rent in the area, neighborhood crime etc. 

My question is - Will a contractor take time out of their day to view a property like this? If so, how do I find these type of contractors?  Do I ask multiple to look? Will a property manager even go through this trouble when the house isn't under contract yet? Seems I would have to hire them first.  to Any help is appreciated as I am new to out of state investing. 

Thank you!

@Jay Breitlow sounds good! I'll shoot you a message soon. Thanks

@Chris Rosenberg Yes. We initially go the HELOC to use on cheap fixer uppers to do the BRRRR method. Now I am interested in STRs but also want to BRRRR for long term gains. I am not sure If I want do go the condotel route. We do have 80k in savings that really don't want to touch. HELOC was easy to get and thanks to living in CA, the appreciation from when we purchased our home in 2017 until now has been over 400k! Makes for a great HELOC. Thanks for your input!

@R. Elle Berry definitely hold for STR for now, but would prefer to have the option to use as a LTR in the event traveling stops again or something happens to where STR isn't as profitable. We are also interested in flipping but not too focused on it because we don't have connections with contractors outside of CA. So, I would like to connect with you and and your husband about flipping for sure! 2-3bd/2 ba is perfect. Is that in a SFH or a condo/townhome? How are the HOAs out there? Anyway to avoid them? I'm going to message you because acquiring LTRs in the Orlando area, not necessarily near Disney is an option too. Thanks for your input!

@Jimmy Woodard I see you're near me in Contra Costa County! Would love to pick your brain with regards to out of state investing. I definitely rather no pay property management, however, I didn't see a way out of it being that I am across the country. Nice to hear it can be done! Please look out for my message and thanks for offering your time.