Updated almost 10 years ago on . Most recent reply
rehabbing away from work
Hello BPeers,
I'm just starting out investing in real estate. I have a fulltime job and starting this on the side for now. I'm trying to buy fixer-uppers in my city, but I see much better cash flow deals 25-35 minutes away from where I work (and stay).
How easy/difficult is it managing a rehab more than 30 mins away from work?
For my first deal I'd like to do a live-in flip, but I'm a bit intimidated by the amount of travel time (> 1 hr.).
Anyone in here who has done such deals? How difficult was it living and/or rehabbing this far from work? What are the pitfalls I need to watch out for?