Rethinking Out of state BRRR Not as easy as they say.
So I found an out-of-state area that the numbers seem to make sense For the BRRRR model. The buyer's agent/brokerage also owned a property management company. I was under the impression they would check in on the contractor. That has not seemed to be the case to the most part. I have had to make multiple trips out of the area to go see the properties. I completed one rehab. I had to go in person multiple times. I have another property there rehabbing and it has been very stressful. I had bought a third property, but I wholesaled it just to get out from under the property due to the stress of overseeing an out of state rehab. Am I the only one experiencing this sort of thing? Has anyone else been able to crack the code for out of area rehabs?