Thanks Joe,
I can't take your IMHO, I need to do this. I have a unique opportunity that I can't let go just yet. I imagine you just gave all the advice on long distant deal you have!
I am in the middle of closing escrow on a out of state deal and have interviewed via e mail and online chat with over 30 area property management companies and individuals to look out for my property and getting it rented out as a rent to own own. So far so good. I am have meet a couple of friends in that area that I trust as a back up. Use the internet and online chats to help you find a property manager. As for collecting rent, I will use ACH auto debit in my contract or a $100 discount if the check is in my mail box before the 1st.. Hope this gives you some ideas. What state/area are you talking about?
My advice is to stay in your own backyard. Long distance stuff I think is to hard to manage. Just IMHO of course.
Joe
Thanks Joe,
I can't take your IMHO, I need to do this. I have a unique opportunity that I can't let go just yet. I imagine you just gave all the advice on long distant deal you have!
Thanks for the reply,
yergtree 8-)
I am in the middle of closing escrow on a out of state deal and have interviewed via e mail and online chat with over 30 area property management companies and individuals to look out for my property and getting it rented out as a rent to own own. So far so good. I am have meet a couple of friends in that area that I trust as a back up. Use the internet and online chats to help you find a property manager. As for collecting rent, I will use ACH auto debit in my contract or a $100 discount if the check is in my mail box before the 1st.. Hope this gives you some ideas. What state/area are you talking about?