I am a newbie here and need your advice. I have a great deal on a duplex off the market but it's in a different city that I can't visit due to current schedule. Are there recommended ways to perform due diligence on the property and purchase without visiting and still reduce risks? Note the property in question is in San Antonio Texas.
Property Manager · San Antonio and Austin, TX · Member since 2016 · 377 posts · 380 votes
7y
Hire a Property Management company with investor agents like us. WHY? Because we have personally seen crappy real estate agents sell whatever they can to out of town investors....giving them false or no information. If you engage with a Property Management company - WE have to manage your purchase so we are only going to sell you something that makes numbers sense for all of us. If you buy a $80,000 duplex renting for $400 a side - that is not us. Legit tenants do not work with Property Management companies. If you buy a $250,000 duplex renting for $1,250 a side - that is ALL us and is the best course of action and in our wheelhouse. Hope this helps!
Thank you @Brad Larsen and @Account Closed. I did find someone who can help with videos and photos. If things move forward, I have need a property manager. RentWerx will be on my list.