Out of State Flipping
Hey guys,
I'm new to this and wanted to ask a basic, question about flipping houses out of state. I'd like to know how some of you have successfully managed to do it while maintaining a job and presence in your current location? I'm thinking of working with a partner and starting a few small flips on properties with smaller investment costs in states outside of California, but I'm struggling to come up with some of the solutions to some of the obvious questions like:
- How to carefully monitor the quality and quantity of the contractor and sub-contractor's work without frequently visiting the site in-person multiple times a week?
- How to maintain communication with contractors and quickly resolve issues while working a full-time job, out of state and in a different time-zone?
- How to find & hire truly trustworthy & reliable out-of-state contractors that you've never met?
Any tips on how some of you folks have worked out this issues would be extremely helpful!
Most Popular Reply
Finding a solid GC can be tough—especially in San Antonio. One strategy that’s worked well for me is looking at recent flips that match the level of finish you're aiming for, then reaching out to the listing agent to see if they’d be willing to share the contractor’s info. You might not be able to tour the home in person, but if it sold quickly, that’s usually a good sign. Be sure to ask the contractor for a few references and do your due diligence. And if you’re planning to work with a local agent to list the property, they might be open to doing the occasional walk-through or pop-in for you 😉