Have you built a team and done out of state (or not) rentals or flips? Sounds hard - how did you do it?

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Yes, I live 300+ miles from my rentals.

Started with a realtor who specializes in working with investors, and used some of their contacts to get started. Networked with other investors in the area and shared some notes. Also joined FB neighborhood groups for the cities I invest in. Lots of “does anyone have a good (insert trade here)?” Posts that I can search and pick thru.

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This for me too, except I’m over 2,000 miles from my units. Never seen them in person, but connected with other investors and realtors online (mainly through bigger pockets) and got property managers and local lenders. I targeted buy and hold, minimal rehab needed such that it was nothing my property manager couldn’t handle in house. Bought a couple at the right time almost two years ago and they’ve done incredibly well thus far. Now built rapport with the pm and realtor and we analyze potential deals weekly, though nothing has been penciling out recently

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STR operator here with out of state rentals now working in tech

It’s not too bad after you spend a week or two onsite

So many apps today Turno, TaskTabbit, Thumtack, etc to help you find resources

Best of luck with your purchases!!

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I would look at renting rather than flipping in this market

Sorry, I know that doesn’t answer your question

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