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All Forum Posts by: Brandon Elliott-Pandey

Brandon Elliott-Pandey has started 41 posts and replied 187 times.

Thanks for sharing all of this! 

Thoughts:

This is better for everyone in general. Making Landlords more responsible with their financing and smart with thier vendor list(s) or hired PM.

The tenant(s) are also in a better position knowing they are covered by CO laws in case they feel unsafe in a property. Which should never be the case.

Post: Your Policy on Hiring Friends???

Brandon Elliott-PandeyPosted
  • Realtor
  • Erie
  • Posts 190
  • Votes 87
Quote from @Christian Padilla:

!00% agree with Erica Calella. The best advice I've heard is to hire people for small jobs in order to vet them. You increase the size of the work if you like the results or find someone else if they do a poor job. 


 Totally agree! 

Post: Your Policy on Hiring Friends???

Brandon Elliott-PandeyPosted
  • Realtor
  • Erie
  • Posts 190
  • Votes 87
Quote from @Erica Calella:

My policy is to hire them for small projects, it's an easy and somewhat affordable way to tell if you really have a friend or not! If they are good at what they do, then that friendship can grow into a partnership. 


 This is spoken like a true vet! Thanks for your thoughts Erica! 

Post: Your Policy on Hiring Friends???

Brandon Elliott-PandeyPosted
  • Realtor
  • Erie
  • Posts 190
  • Votes 87
Quote from @V.G Jason:

Hard no.

No friends or family, outside of my older brother. 


 Appreciate your thoughts here! Sounds like you and your brother are close! 

What is the story here? I am curious about how you've come to only trust your brother? 

Post: Your Policy on Hiring Friends???

Brandon Elliott-PandeyPosted
  • Realtor
  • Erie
  • Posts 190
  • Votes 87
Quote from @Alyssa Wright:
Quote from @Erica Calella:

My policy is to hire them for small projects, it's an easy and somewhat affordable way to tell if you really have a friend or not! If they are good at what they do, then that friendship can grow into a partnership. 


 I completely agree! 

It's still worth noting as well that just because you're friends with someone doesn't mean you should skip out on any contracts or paperwork either to keep everyone happy and protected 


 Agreed! 

Thanks for sharing your thoughts! 

Post: Your Policy on Hiring Friends???

Brandon Elliott-PandeyPosted
  • Realtor
  • Erie
  • Posts 190
  • Votes 87
Quote from @Jon K.:
Quote from @Brandon Elliott-Pandey:

Though my years of hiring trades to work on my rental and friends/ family/ clients properties I have had it good and bad experiences. Property managers that over promise, work not fully completed to satisfaction, things not being installed correctly, etc. Again.... from professionals I haven't met and friends whom I know personally that run their own companies...

I am curious, what is your policy on hiring friends (whom own their own companies) to work on your properties? Do or Don't and why?


 Never again, apart from friends who are friends because I met them through hiring their company.


 What's the story? Im curious!

And thanks for your input!

Post: Your Policy on Hiring Friends???

Brandon Elliott-PandeyPosted
  • Realtor
  • Erie
  • Posts 190
  • Votes 87

Though my years of hiring trades to work on my rental and friends/ family/ clients properties I have had it good and bad experiences. Property managers that over promise, work not fully completed to satisfaction, things not being installed correctly, etc. Again.... from professionals I haven't met and friends whom I know personally that run their own companies...

I am curious, what is your policy on hiring friends (whom own their own companies) to work on your properties? Do or Don't and why?

Would it be helpful to connect with a local realtor that specializes in selling duplexes and their respective rents/ price per square foot?

Post: Success Stories and What it takes?

Brandon Elliott-PandeyPosted
  • Realtor
  • Erie
  • Posts 190
  • Votes 87
Quote from @Jacob Lorenzo:

I greatly admire the accomplishments of seasoned professionals and would be honored to gain insights from experiences. Could you folks kindly share some of the key strategies or decisions that helped you persevere during challenging times as a  investor? Additionally, I am curious about any sacrifices you may have made on your journey to success.

Furthermore, I am an avid reader and believe in the power of learning from others. Are there any specific books or resources that you found particularly valuable in shaping your approach to real estate investment?

Thank you for taking the time to read this message 

-Jacob


 Hey Jacob! I appreciate this question and love your enthusiasm!

As a Realtor and Real Estate investor I have gained some fun battle scars I'd be happy to share with you. I hopes simple implementations can save you thousands of dollars and countless hours or pain lol...

Real estate is fun but needs to be respected and without that level of attention and respect it requires. Little things can turn into big issues over time lol.

It you are open to talking lets connect and schedule a phone call! 

Quote from @Jessica Carcamo:

Greetings!

As someone eager to learn and navigate the complexities of real estate investing, I believe your guidance could provide invaluable direction.

I am particularly interested in understanding the best advice you received or discovered throughout your real estate investment journey. Whether it's related to strategies, challenges, or principles that have shaped your success.


 Hey Jessica! First piece of advice I got that shaped it all. Find a mentor... someone who's done what you want and ask them to tell you everything!

Starting here is a great start! Then once you find that mentor, implement everything they say to do and be sure there time investing in you is well spent! :-)

The strategies and how to's will come with time :-)