Hey BP crew, just wanted your thoughts on the strategy of master leasing and finding a reputable property management company to handle day to day.

Particularly those of you who also do virtual wholesalingSome topics I’d love to learn more about:- Finding accurate comps in long distance markets- Building reputable buyers lists- Most effective lead generators- Places you might find leads/buyers that you normally would not think about- How to make a real estate agent prioritize you

We won because we waived all the contingencies we could, submitted complete offers perfectly exactly as the listing agents asked for in their "Contract Preparation Form" (listing agents are getting picky about how they want offers prepared these days), had the lender call the listing agent to vouch for my client's ability to close, used a local lender with a good reputation for being able to close on time, etc., etc., etc. and I verbally made it clear to the listing agent that we wouldn't nickle and dime them on inspection items or jerk them around at all and that we would make it a clean, good faith transaction. 

If he won't make an effort than he will suffer the consequences.

You want an advisor that can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.

I realize what we do has a bad reputation out there, mostly from those who are uninformed, and it’s easy for me to write those off in my mind.

It was mostly a DIY affair, but it worked (or at least the statue of limitations has passed on it).Can't really comment without some research on what impact you being a South African citizen might have on the transaction consequences.

Here is an article from Investopedia that explains a bit about Capital Gains and tax consequences.

One additional criteria I am applying while the deck is so completely stacked in the tenant's favor is: to what extent does the applicant understand that actions have consequences, and there are lots of indicators for and against.

It's a good idea to call up local banks/credit unions, as well as speak with reputable hard money lenders, or potentially even some reputable private lenders in your area.