I want to learn from the BEST there is in my area

[Michael Turner]

I have very little, if any at all, money to work with right now but I am willing to do anything and everything that I can do to bring the best deals possible to you, make a little money for myself and learn what I need to know to begin investing for myself in the process. I want to find an honest to goodness, active, successful real estate investor or two in Utah, preferably in the Salt Lake Valley area so we can actually meet in person often, perhaps over coffee, learn more about each other and become friends. Someone that is willing to teach me how to find and bring deals to their doorstep and are willing to allow me to earn some money in the process, so I will be able to, eventually, begin to invest for myself as well. I need to learn about what kinds of deals you are looking for, the forms you need filled out, how to fill them out the way YOU want them filled out, how to determine if it is truly a good deal for you BEFORE I waste your time by bringing it to your doorstep. I would like to work with and learn about multi family units but am happy to just start out learning about single family units, just as long as I am learning how to find and identify good real estate deals so I don't end up wasting your time and am able to only bring to you the kind of deals that you REALLY want. WHAT makes a deal super sweet to you? How do I find and identify it so I can bring it to your attention? Again, I DO NOT want to waste your time or mine either. I would even be interested in managing your properties for you if you would be interested or in need of a property manager, although I have never done that before I am willing to learn and to do ANYTHING that will help you out, help myself out, earn some money and learn about investing in real estate for myself and build some GREAT relationships in the process.

Thank you for taking the time to read my post.

Michael

[Andrew Fidler]

Michael- regrading professional management...you have to be licensed (in Ohio you have to be a d*mned real estate broker)...this would be you advertising comprehensive management for someone- making all tenant-acceptance , collecting money for them, depositing it in your account, subtracting fees and repairs and mailing the owner a check a few times a year.

You are allowed to manage your own properties (duh) and you are allowed to be hired by me to run my properties...the major difference is that you would be working under MY tenant criteria, depositing in my accounts, and I would be mailing you payments.

There is nothing stopping you from establishing the same relationship with owners in your area. They simply cannot be passive owners (not make decisions)...so long as they are involved with the day-to-day management you are fine, esp when the payments move to them and you are in more of a: show-gather apps-present good candidates to the owner(owner has final pick)-complete owners lease form-collect rent which goes to owner-and owner competes their own tax returns and pays their own bills/taxes. I call my guys "maintenance managers" or "rental supervisors" to enforce this. I know what they are doing each day, I have a morning call to direct work priorities from one day to the next and they are all officially contractors- they bring their own tools, set their own pace, decide how they are completing repairs, and complete me a written labor-only quote for significant repairs.

Too bad you aren't close to toledo/Columbus/Cleveland/Detroit...there are a lot of properties that could use motivated management!