Rental Property Investor · Oceanside, CA · Member since 2018 · 20 posts · 4 votes
Very new to investing. Was looking at a 4-plex out of state. Seems to be a good deal. Just was wondering how do you find a contractor and property manager if your out of state?
Specialist · Riverside, CA · Member since 2015 · 6k+ posts · 3k+ votes
8y
You typically pick up the phone and call local providers in the area, just as you would if it were local. I doubt you go into the office of every PM firm on first contact even if you were local. If you need that face to face time you can organize a skype call or spend a couple hundred dollars to fly out to where the property is.
Kansas City, MO · Member since 2017 · 144 posts · 148 votes
8y
I would make sure you get a referral from someone you trust in that market. Don't go at this first deal alone! Find a local person you trust, and maybe even look to JV with that person.
Rental Property Investor · Prairie Village, KS · Member since 2015 · 2k+ posts · 2k+ votes
8y
@Amy Friend
I invest out of state and it’s all about what others have said, local contacts are the key to success. Once you think you’ve picked a market, go there and meet with all the folks you’ve already talked to on the phone that you think will be able to help you. Network in that market. You won’t find the perfect team on the first one but you’ll get started and you’ll refine and improve as you go.