Managing GC when out of state

[Jose Guevarra]

HI Guys,

One of my biggest hurdles to investing out of state is managing the general contractor during a rehab.   I'm curious how you build these types of relationships, how to manage them, and keep them accountable. 

I came across bildwise.com which acts as a "liason" between you and the GC.  They specifically target out of town investors that need a local coordinator to help them manage rehab/construction projects.  Has anyone used these guys? 

Thanks.

[Antoine Martel]

Originally posted by @Jose Guevarra:

@Antoine Martel what have you paid the realtor in the past? Thanks.

 $300-400/mo for the project renovations or a flat fee of $500 or 10% of project budget.