Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

52
Posts
15
Votes
Andrew Reyes
  • Investor
  • New York, NY
15
Votes |
52
Posts

One-stop shop for long distance BRRRR, is it too risky?

Andrew Reyes
  • Investor
  • New York, NY
Posted

I am considering a market about 2.5 hrs from where I live. No immediate connection but I have distant family there so I am somewhat familiar with the area (visited a handful of times in my life). I found a realtor who invests while running a property management business and offering her realtor/PM clients access to her own construction crew.

I am concerned that this is putting too many eggs in one basket. I would prefer to have an unrelated party for each step of the process so that there are checks and balances throughout. This individual was referred to me by a mortgage broker that I have no prior relationship with.

Thoughts?

  • Andrew Reyes
  • Loading replies...