You should open communication with the investor about what kind of return they are looking for.

Hello Everyone ,My name is DeAndre I’m a Newbie here my goal is to gain knowledge and build connections I’m currently learning the wholesale side of things I’m targeting single family residential properties but I honestly believe if I can have a line of communication with investors so I can learn the right way for success and take things next level over time!

Currently reading and communicating with others while creating a plan to go into the BRRRR strategy.1) How to Invest in Real Estate by Joshua Dorkin and Brandon Turner2) Rental Property Investing by Brandon Turner3) Buy, Rehab, Rent, Refinance, Repeat by David Greene (currently reading)I plan to invest in Indianapolis, Indiana by the end of the year or sooner.Looking for advice.Thank you for your time.

It is also A LOT more work than my long-term rental, as I self-manage both and with Short-term rentals (especially popular ones) there is a lot of communication with possible guests, managing check-in/check-out dates, finding/hiring a cleaning and maintenance crew (especially difficult in a rural area), Social Media account (check us out on FB and Insta @twolakeslodgemi) and so on.

Respectful communication right away saves the games.When I play games, The Electric and Gas supply to the property suddenly stops for some reason.

Do you want a manager who only communicates when things are wrong?

(Romanazzi & Associates CPA) I live about 3 hours away but have no problem communicating via email/phone.

I'm sure you'll be fine, but being proactive and over communicating is the way to go.

I need someone who will provide pictures of the necessary repairs, progress on work completed, and who is good at communicating via email and/or a messaging service such as WhatsApp or Signal.

Keys to our success can be broken down into one word: communication.... but obviously gets much more detailed than that.Looking for feedback from out of state investors in this situation.