Investor · Austin TX · Member since 2018 · 151 posts · 165 votes
4y
Hi @Account Closed! While I don't know the specifics of the Lynchburg markets - I'd recommend calling property managers to "interview" even before buying property. Once you find a good PM - start sending them the deals you're looking at. They are unlikely to tell you to buy a property if it's in a bad area as they would be giving themselves a headache to manage on a day to day basis. The PM's incentives are aligned beautifully with yours. Hope this is helpful!
Hi @Account Closed! While I don't know the specifics of the Lynchburg markets - I'd recommend calling property managers to "interview" even before buying property. Once you find a good PM - start sending them the deals you're looking at. They are unlikely to tell you to buy a property if it's in a bad area as they would be giving themselves a headache to manage on a day to day basis. The PM's incentives are aligned beautifully with yours. Hope this is helpful!
@Jeffrey Albaum I appreciate the advice. I spoke with a property manager yesterday, and her recommendation was to call the local police station. Uh oh! While on the phone with the police department, the block the house is on had 41 calls alone in the last year. I believe I’ve found my answer to that question! Thanks again for the help and information!
Hey @Account Closed, I invest pretty heavy in the Lynchburg area and am fairly familiar with the neighborhoods and streets around here. Feel free to hit me up if you have any questions about properties in the area. I may also be able to point you in the right direction as far as property managers go, as I've now had some experience with several of them and believe I have found some good ones.