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Updated over 5 years ago,
Helpful ideas for Realty/Property Management Deal?
Hey guys and gals,
So recently I became a Realtor (wow these start up costs suck!) and I own my first duplex. People in my sphere of influence have been reaching out to me about owning their own multi-family properties. They like the idea especially since I make a few hundred bucks a month taking up one half of my duplex and my friends/family pay 900-1200 a month in rent. So here is my dilemma.
I do not have all the real estate sales systems down yet. The paperwork is something I am getting better at, I am working on lead generation and have my focus on helping people buy and sell real estate. But I see a HUGE potential in having them buy multi family through me and then being the property management for them. I just think right now I need to get one set of systems down first before tackling another.
Has anyone had success with this? Ideas? Thoughts? Troll comments? Ill take them all!
Thank you
Justin