Real Estate Investor · Montreal, Quebec · Member since 2015 · 95 posts · 42 votes
Hi,
I was thinking of just selling this property As-Is since i'm an out of state investor but i'm starting to think that it would make more for me to just fix it up and flip it or BRRRR it.
Do you know any general contractors that you would recommend in the area? I need someone you trust and i can build a relationship with in the area.
You'll need to run the numbers on your specific property, but personally I wouldn't want to have much cash tied up in Danville. It's a struggling market even in the best of times, and industrial employers in the area are very likely going to be impacted by the current recession.
Thanks @Taylor L. Good to know about the market conditions. I'm posting here so i can meet reliable contractors who can give me an estimate of the work. We'll see what the numbers look like. I got this property from a foreclosure since i owned the 1st position loan on it.