All Forum Posts by: Stacy Julien

If you want to BRRR going out of state is going to be really hard. The way people save money is to project manage reno and maybe even put in some sweat equity in labor. Project managing at a distance is going to be hard. You should go to the property atleast every other day to review punchlists and make sure the contractor is doing what they are supposed to. If you don't the affordable contractor will not do what you want. Furthermore you don't know what the vendor capabilities are from not being there. The rockstars know other rockstars thing is great but some level of confirmation of capability would be good as well. You can ofcourse get this from Google reviews but then you pay for their reputation. In some cases that will be unavoidable. Another option is hire a contract you don't need to supervise but they cost way more. If you want to go out of state I recommend going turnkey. I would get a good investors agent on here and then get a thorough inspection. Get something with updated infrastructure as well if you are going to another city with older housing. If you want to BRRR I would really stay relatively local driving distance of less than 100 miles 1 way

By the way Baltimore is not bad right now.  More deals have popped up In the last few days then I've seen in a while.

Hi, I am Toni Garca, a relatively new investor in Wilmington, Delaware. I am excited about joining this community to connect with other investors, learn some new stategies and find great deals.