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Isabel Rao
  • Investor
  • chicago
21
Votes |
13
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Looking for Brrr experience as out of state

Isabel Rao
  • Investor
  • chicago
Posted

Hello! 
i live in Chicago, sometimes I work the weekends.

I want to do brrr in Columbus, is this realistically possible? Is there anyone who has done brrr from out of state specifically and can share their experience please? 

There is a realtor who has a whole team assembled (lender, contractor, property manager). 

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1,570
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Patrick Drury
  • Real Estate Agent
  • Columbus, OH & Cleveland OH
2,080
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1,570
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Patrick Drury
  • Real Estate Agent
  • Columbus, OH & Cleveland OH
Replied

@Isabel Rao
Doing a BRRRR is possible, but it's not easy work. The integral prices for it go smoothly are the contractor and PM. Having a reliable and vetted contractor is important. Along the same line of thinking, having the correct PM for a C location is important as well. Having a PM that normally just manages A locations manage a C location rental won't be best since they aren't best equipped to handle those rentals. Most of the deals that are going to make sense for a BRRRR are going to be in more C locations in Columbus, like: Linden, Hilltop, parts of Franklinton, Whitehall, and East Moor

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