All Forum Posts by: Carla Sutherland

Hi Angela - did you get any feedback about Christian Park?  Love to hear if you invested there and what it's been like.  

Scott, thanks so much for sharing your thoughts.  I have read that article and did find it helpful.  Such a great community to be part of!

Thank you! Will do. 

Hi - I'm looking for advice - and shared experiences (good and bad) - on how to set up a partnership with one other person to pursue purchasing and managing properties - SFH and Duplex - in a small town aimed at student rentals.

I'm new to real estate investing, and interested this specific market which is out of state (I'm based in Brooklyn).   I've met an experienced investor who knows the market incredibly well and has a very successful team to support her - financing, buying (she's a registered agent), rehabbing, connections for student renting, and property management.  

She's been helping me look at potential properties and I like them very much.  She's suggested that we think about working together in a partnership - I have capital, she has knowledge, experience, and is on the ground.  I like and trust her - I think we could work well together.  

I wanted to get people's advice about how to structure such a partnership? What are fair terms for both of us?  What questions should I be asking?  What terms would be bad for me to say yes to?  

I'd love to hear any stories about successful partnerships (and why they worked) and am very keen to find out about partnerships that went wrong (and why).  

Any advice would be much appreciated!

Hi Basit,

Thanks for getting hold of me - I will give you a call so I can get a sense of the services you offer.

Many thanks,

Thank you! Much appreciated.

Hi,

What great a community!  Many thanks for all the great ideas and advice on the forum.

I'm getting ready to make my first out of state house purchases, and wanted to know if anyone can recommend a great tax accountant / lawyer who knows NYC (state and local) taxes who can help me make sure I'm doing everything I can to do things as I set things in motion in a way that limit my tax exposure.  I'd like to develop a long term working relationship with them to file joint taxes with my spouse - we both have multiple taxable income streams.  

any suggestions / referrals would be very much appreciated.

Carla.

Thanks Justin, appreciate the feedback.  I hadn't realized how big or varied that zip code was.   Will work on providing better information for stronger assessments.  Thanks again.

Carla.

Hi,

What did you guys discover?  How much were houses going for?  

Hi,

Wanted to jump in too.  I'm NYC based but really love what I have read about Erie.  Seems like a good place with good people.  Looking to find people that would be open to talking with me about great real estate people, meeting other investors, maybe coming to visit.  Let me know if anyone is interested - or if there's a meet-up that I could plan to come to in the next couple of months.

Thank you!