Updated over 5 years ago on . Most recent reply
Long Distance Investing Questions
Hey BP folks,
I have some questions regarding strategies you all may use who do long-distance real estate investing. I read David Greene's book, but either I missed it or I just didn't see any content around the following:
- It's closing day (yeah!), how do I close on a property to include accepting keys all while not physically being there?
- Your contractors require daily access to your property for reno work. Who let's them in? How/where do they get the keys?
I did read some great advice on having your property management company come by every now and then and give updates during reno work which is great, but honestly, I'd really love to self-manage while investing long-distance via apps like RentRedi if I can.
Anyone have any advice/tips for me? Thanks!