In this episode of The Indy Investor Speakeasy, we dive into managing property rehabs from out of state. We discuss strategies, challenges, and tips for out-of-state investors. From selecting trustworthy contractors to the pitfalls of change orders and budgeting, this episode is packed with valuable insights into the world of remote property management and investment. Tune in to hear firsthand experiences, best practices, and the importance of having a reliable team on the ground.
00:00 Welcome to The Indy Investor Speakeasy
00:31 Introducing New Faces: Tyler and Max
00:48 Diverse Insights and Rotating Cast
01:31 Managing Out-of-State Rehabs
03:08 Types of Contractors in the Market
04:45 Getting Accurate Quotes and Bids
06:11 Importance of Inspections and SOW
10:05 Flying Out and Understanding the Market
25:11 Payment Schedules and Contractor Integrity
29:17 Common Themes of Bad Contractors
30:15 Avoiding Contractor Scams
32:35 When to Use Our Services
37:18 Managing Expectations and Costs
40:55 Challenges of Out-of-State Flipping
52:03 Final Thoughts and Advice
