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Rehabbing & House Flipping

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Stephen Lynch
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58
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Advice on managing out of state rehab

Stephen Lynch
Posted Oct 20 2021, 07:08

Hi all,

I'm curious to get everyone's lessons learned / best practices regarding managing out-of-state rehabs. To start....

- How are you allowing contractors in/out of the property & securing materials?
- Do you have them buy the materials? Do you typically pay 50% upfront? 
My concern here is having materials getting stolen & or a contractor taking 50% and walking.
- How are you keeping up on their progress?
My hope is they would provide weekly updates with pictures, but I'm curious on how everyone else gets updates. 

Thanks,
SL

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