Skip to content
Wholesaling

User Stats

28
Posts
6
Votes
RJ Emmett
  • Investor
  • Wilsonville, OR
6
Votes |
28
Posts

How do you vet distant professionals?

RJ Emmett
  • Investor
  • Wilsonville, OR
Posted Aug 17 2017, 22:57
Hello, The housing market in my local market is pretty hot right now and finding an investment property has been a challenge. So, I have been looking in other areas of the country (USA). I have been talking with a turn-key wholesaler who brings "everything". Investment, lender, contractor, property manager, etc. Pretty much sign off on the lending and you have an investment. My fear is I sign paper on a property that doesn't exist, the contractor charges $50,000 in rehab charges on a property that didn't need anything. Or the property manager has a history of stealing client rents to support her drug habit. How do you vet the people you need helping you when you're hundreds or even thousands of miles away?

Loading replies...