All Forum Posts by: Adam BunduKamara

Hey Jerry-

Thanks for posting this info. I've been thinking about the FHA Loan option for a bit now. But,even after re I Ewing the info on HUD's site, I was still left with loads of questions. Your info looks like it might be more helpful to me.

You're right,  There are thousands of posts to keep me busy. I'm sure to find some useful info.

I'm torn between seeking professional management or just doing it myself (with the help of locals, eager to make a little cash).

"you would be relying on the kindness of strangers at so many points" I've been reading and hearing this a lot. Even my friend, who's already doing this, warns me that I can't just "trust" that things will be done right, if I'm not there to oversee. It gives me a lot to think about, for sure.

Hi All-

Thanks so much for the great advice.  I've gotten some ideas just from reading these responses.  Now to do the research, strategize, and put them into action (the easy part... Not. :) ).  Really excited to have come across this site.  So many resources, and so much information.  I'll really be able to weigh out the Pros and Cons in working several scenarios, before making any moves.  You guys are great!!!

Hello Community-

My name is Adam, and I have absolutely no experience with buying houses, rehab, flipping, etc.  I became interested because, I have a friend who owns a duplex (out of state) which she rents out.  One side full time, and the other as a vacation rental.  She's done really well, and I'm interested in trying to do this myself.  I'm just concerned about how to make this work "long distance."  She was in town when she purchased, rehabbed, and rented, so she could stay on top of things.  I would only be able to be on site part time, if I chose to do this.  Just looking for advise on ways others may have done this, and made it work.  I've read lots of advice where people say to avoid long distance rehabs like the plague.  Before I get totally discouraged, I'd like to see stories of folks who have done this (successfully or unsuccessfully) and then decide if I could make it work for me.

I'm also interested in everything else.  I may want to start flipping in my area, as well. 

Thanks!!!

Adam-