All Forum Posts by: Tibor T.

thanks for your message and the helpful warning.
That’s exactly why I’m asking questions here and not jumping into anything blindly.

Just to clarify: are you referring to something like a BRRRR strategy with this hybrid turnkey model? If so, I'm not sure how realistic that is for a foreigner without a U.S. credit score... (?)

Thanks again! 

Hi everyone,

First of all, thanks again for all the valuable advice and warnings shared earlier.
I really appreciate it!

I came across Heaton Dainard’s "Fix and Flip Concierge Service" (https://heatondainard.com/fix-and-flip/) and I’m curious:
Do you think a service like this could be a good option for someone like me, trying to flip remotely from abroad? Would a solution where you are more "guided and accompanied," be a more reasonable way to get started?

I understand that using such a service would reduce the overall profit, but at the same time, it might make it realistic and even possible to carry out remotely, while also helping to minimize the risk.

Yes, I know they operate in a much higher-priced area compared to Memphis, but I’m still wondering if this type of service could be a good option.

Has anyone here had any experience with Heaton Dainard or a similar concierge service? I’d love to hear any feedback about working with such a setup.

Thanks so much in advance for any feedback!

Hi everyone,

Thank you so much to all of you who took the time to respond with such detailed and helpful answers! These insights are incredibly valuable and will definitely help guide me on my journey. I’m really impressed with how supportive and engaged the community is here!

From the many responses, I gather there are mixed opinions about my idea, but the general consensus seems to lean toward not starting with fix-and-flip remotely. Several people have pointed out the risks involved. At the same time, there are examples where it’s worked, but that requires a lot more effort and preparation.

This gives me a lot to think about, and I’ll be sure to continue weighing my options moving forward.

I really appreciate all your perspectives, and I’ll definitely reach out again with any further questions!

Thanks again to everyone for the valuable tips and advice!

Hi Nick,

Thanks for the honest and direct input. I really appreciate you not sugarcoating it.

I totally understand your point about how risky it can be, even for people who are local and experienced. I don't have a trusted partner on the ground, and I definitely don’t want to walk into this blindly or fall for the "smooth talkers" you mentioned.

Thanks for your comment. It is a valuable reality check for me.

 Thanks a lot! :)

Hi Chris,

Thank you so much for taking the time to share such detailed insights. Your list gave me a much clearer picture of the reality behind this idea, and it’s exactly the kind of perspective I’m looking for right now.

I totally understand your hesitation about Memphis for a beginner. I had initially looked into it because of the lower price points. Do you have any recommendations on where someone like me could start?

To your question: why fix & flip from abroad? Honestly, it’s partly because I see it as an active way to grow capital while learning how the U.S. market works. Long term, I’m more interested in buy and hold for passive income. However, in Switzerland, achieving financial freedom through real estate requires a very large portfolio due to the high cost of living, so I saw flipping as a way to build up the necessary capital first.

That said, I’m not fixed on this path. I’m still early in my research and totally open to other strategies that might be more realistic from abroad. What kinds of real estate investments would you recommend for someone in my situation?

Hi Kenneth,

thank you so much for the kind words and encouragement! That really means a lot, especially coming from someone with local experience in Memphis.

I appreciate the reminder about how street-by-street the Memphis market is. That’s exactly the kind of insight I’m looking for, and it confirms that I’ll need to be very careful with comps and neighbourhood research.

Also, thanks a lot for offering to share your guide. That would be amazing! I may take you up on that offer to chat more about the Memphis market once I’ve done a bit more homework on my end.

Thanks again for your support and for being so open to helping me!

Hi everyone,

I’m brand new to real estate and to this forum. I live in Switzerland and recently started researching U.S. real estate - specifically fix and flip - as a way to build capital and eventually transition into buy and hold for passive income.

I’ve searched the forum for similar situations but haven’t found anything that quite fits my setup, so here I am with my first post.

Since I’m not based in the U.S. and don’t have credit there, I’d be working with my own equity in a more affordable market - possibly Memphis, TN - but for now, my main question isn’t about location.

What I’d really like to know is:

• Can fix and flip work remotely if I build a strong, reliable team on the ground?
• Or is it essential to be there in person for every project - even in the long term?

I understand that flipping is a real job, not a passive hustle. I’m prepared to invest time and travel, especially in the beginning - but I also have a full-time job and can’t fly out for every project.

I’m also unsure whether foreign investors are welcome in the U.S. It’s important to me not to drive up property prices and to ensure that young families can still afford homes. We’re already facing this issue in Switzerland, and I’d like to avoid contributing to the same problem in the U.S.

Any thoughts, experiences, or honest feedback would be greatly appreciated. I’m just at the beginning of this journey and eager to find out whether this path is realistic, or just a daydream.

Thanks so much!