Invisible Land Lady to be

[Debbie Nunez]

Hello all, what sources do you use to invest out of state? What screenings do you use to try to get trustworthy real estate agents, deals, or property management when selecting properties unseen? 

[James Wise]

Quote from @Drew Sygit:

First, you should understand the at least 95% of agents that claim to be investor-friendly, are just commission-friendly!

Even if they have the best intentions of trying to assist an investor, they are clueless about how to do so. 

Their owner-occupied transaction experiences, which are majority emotionally based, doesn't transfer well to investor analytically based transactions.

Then you have the search for a contractor. As soon as most of them hear an owner is out-of-state (OOS), they think of how little oversight they'll have and how many corners they can get away with cutting. This is on top of the challenge that 50% of the contractors are crooks or incompetent to begin with!

What about PMCs? We've got a list of 134 of our competitors, here in our Metro Detroit market. We've color-coded the list with red = crooks, yellow = incompetent and green = okay. Over half the list is NOT green:(

You still sure you want to invest OOS?

If so, DM us if you want to further discuss how to maximize your chances of succeeding:)

 lol, "just commission friendly" I've never heard that one before. That's hilarious, I'm stealing that one.