As such, I've worked with these portals quite often over the past two years.What I've noticed is that the original goal seemed to be to get investors equity positions in large scale real estate projects - commercial high rises or 100+ unit apartment complexes.While this has worked well for a few very large portals mentioned earlier here, the reality of the situation seems to be that many of the fledgling portals did not work out, grow to sufficient size, or build enough of a reputation quickly enough. 

Whether those are rough areas I am unaware of.If you do go the route of investing out-of-state finding a reputable operator is crucial and also choosing the right market aligned with your investment goals.Hope that helps

In terms of partnership on transactions, we are flexible on transaction style with some core criteria which include pristine reputation & integrity, credibility in terms of track record, and strategic "value-added" characteristics.Happy holidays to you as well!

Hey Kodie,This may have already been said in the comments, but I just want to remind everyone that if you're looking for a contractor it's important to find someone that's fully-licensed or has a good reputation.

I'm hoping that I can find a financial backer who is serious about working on a project or a hard money lender with a good reputation.   

Talk to other investors in your local market who have used lenders and find a good reputable one. 

If your looking toanage it yourself it is a lot different and more worm than a typical investment property.Also since they rely strongly on reputation and word of mouth, they had to be heavily involved as the help/workers typically are not paid well and need to be trained to build your brand

Reputation is everything.Hope this helps!

I personally would value the input from reputable PM because they've dealt with the problem tenants, properties that cause them more staff to maintain than others so if they say they can't make money off a property, you probably can't either. 

If she tries to flush her blanket down the toilet, are you a bad guy for refusing to pay for the plumber?