All Forum Posts by: Michael LeClerc

I'm looking forward to this coming out and just pre-ordered it  on amazon. 

Good luck with this. We already do quite a bit of 30-day stays where the HOA or neighborhood restricts short-term rentals.

There is definitely a demand for this type of rental. Traveling nurses, recent transplants, home shoppers, etc. Ignore the negativity.

What do you guys think about if this foreclosure crisis does happen that there will be hedge funds waiting to scoop up these properties like they did in 2007-11 and turn more of Americans into permanent renters. In 2007 homeownership percentages as at 70%. Pretty soon we’ll be like Europe where homeownership rates are much lower.

Greetings all.

Any thoughts on the best way to get access to multiple mls? I basically just want to run an IDX Broker feed to my site with out of area listings. I'm a licensed agent. Can't quite figure out how to get the mls to feed to my site. Like how do the big boys, Zillow etc have the ability to list practically every property out there?

Thanks!

Greetings all,

I manage a vacation rental company, and have an idea on how to start building some equity for myself along with my business. I have the opportunity to work with a partner to purchase properties to be used as vacation rentals. my contribution would be to put my real estate commission into the purchase and also all ongoing commissions that I would normally collect for managing the property. Has anyone out there utilized this strategy from either side, the property manager or the investor. Seems like a win-win, and a way for me to build equity in a property through work, rather than cash.

Any thoughts would be appreciated.

Hi There,

I have a vacation management company where we do investment services for potential real estate buyers. I would like to know where and how on biggerpockets I can reach out to potential investors for partnerships, and or client services without breaking the rules for soliciting inquiries. 

thanks,

Michael LeClerc

HI Everyone,

I'm looking for an accomplished real estate photographer for my Utah based property management company. Reasonable and professional. Anyone have a photographer that they can recommend?

Thanks

As my time in the investment and RE industry has progressed, I am looking to move into the commercial real estate area, with specialized knowledge in retail properties. Any thoughts on a strategy to first get a broker to welcome me in the somewhat small world of commercial agents, or start an investment group to acquire and manage retail properties.

Hi Everyone,

I'm looking to branch out from my consulting company and lease the f&b operations of hotels. Many hotel operators are trying to get out of their f&b operations, so if anyone has any clients that would be interested in talking with me, I would be grateful. I will pass along the business plan.

All the best

Michael LeClerc

www.congustocuisine.com

Greetings,
Here is a thought that I'd like to throw out there. Its about diversification and cash flow.
When one buys a sf rental for lets say $200,000, and it rents for say $1500/month. After taxes, maintenance and property management one might net $8,000 annually if lucky. Whereas one could invest in businesses where the cash flow could be so much greater. for example, a restaurant that one buys the ongoing business of for the same $200,000 might net $30,000-$50,000 annually. Both ideas have risk, for the houses tenent problems, and damage, vs business failure or underperformance. Both ideas take energy, and while one could hire a property manager for sf rentals, one hires a manager for the business.
Would the eventual asset value of the houses be more than the increased cash flow for the businesses over a 20 year period? I'm not sure it would.

Hi everyone,
I work primarily in resort areas of Utah, Colorado, and I'm starting to dabble in Hawaii. I currently have 4 projects going in Park City, ...