All Forum Posts by: Cameron Gallagher

Considering you’re going to be renting it out have you considered using a property manager who also does rehabs?

Perhaps you could select multiple candidates and interview them, then ask for and call their references to help you feel more confident about your decision.

I'm currently getting recommendations from property managers. I have a few now.

What I need to do now is determine the demographics of the city make sense in the long term strategy and that I also have some lending options set up which will work.
Thanks for replying

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Thanks guys. Yeah working out the LTV is going to be critical. I think 65% sounds about right.

I'll be looking at a total 'all in' cost about $80k to attempt a $120k valuation.
I think getting the appraisal at that rate will be tricky. But it's obviously going to be critical to be able to pull this off as I don't want to lose $10-$20k of cash every time.

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Love the idea of finding the top property management company and getting referrals! Thank you. Guess question is how would you identify who the top is?
I'm actually planning on having my agent manage the properties, as she manages around 200 right now for her investors.

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Or possibly red flags to look for in the intro process?

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Hey Guys

I'm looking to pull the trigger on my first BRRR this month.

I have a great agent, and will be filtering through deals.

My # 1 concern is the contractor as this will obviously be a bit make or break for the deal.

I'm curious what kind of process you guys use to pick your General Contractors?

Thanks

Cameron

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All Forum Posts by: Cameron Gallagher

Cameron Gallagher has started 1 posts and replied 5 times.

Post: Choosing a Contractor

Post: Choosing a Contractor

Post: Choosing a Contractor

Post: Choosing a Contractor

Post: Choosing a Contractor