All Forum Posts by: Maile Clancy

@Bjorn Ahlblad thanks for the input we are now only 30 minutes away and is why we moved here in the first place.

@Peter T. Well we are trying to semi retire and leave our 9-5 job. My husband currently works about 70 hours a week as a sales manager for a mortgage company so there’s no life balance. If we can live off the rental income and just do this maintenance when it needs to be done it’s worth it. I’ll take the time freedom.

@Jeffrey Edwards we just moved from California to Texas and our properties are about 30 minutes away in Texas.

Hey guys! Me and my husband are pretty new at the whole real estate investing shindig. It took a us years of research and planning to finally pull the trigger. We bought a few 4 unit properties and decided to move out of state to manage them ourselves. Our contract with our PMC is up in July and I’m looking for some of your best advice on going from using a property management company to self managing. Currently we have 12 units that a property management company helps us with but we feel like we can get more bang for our buck and much higher profits if we self manage. My husband is super handy so we can do most of the repairs ourselves and I’ll manage the requests and filling vacancies/ tenant issues. Just looking for your best advice for newbies and the best way we can set ourselves up for success since I do have a little over six months to plan accordingly.

@Caleb Heimsoth thank you! Have you used them?

Anyone have a great referral? In the process of buying a few 2-4 units and would love a recommendation. Thanks in advance!!

Thanks for the reply! Our contracts are contingent on the above I think where went wrong was having inspections before receiving the lease agreements. That’s our bad. It’s all a learning curve for us. 

hey guys! So me and my hubby are newbies and are in the process of trying to close our first official deal but running into issues. We were in escrow on 3 different properties and had issues with getting lease agreements on all 3. Turns out the MLS is showing much different rents than what is actually being collected. 2 properties we had to back out of for this issue and now we are on our final one still in escrow. Does anyone have any advice on this? what do investors do when they run into delays in getting the lease agreements. its now over 10 days waiting and we have already had our inspection still waiting for our lease agreements for triplex. :/ feeling very discouraged right now.

for us it is fear of the unknown it is always scary doing something unknown. We finally pulled the trigger and are now in escrow on our first duplex!