All Forum Posts by: Daniel Fridrij

@Jack C. Cheng I really really appreciate your response. Very professional and detailed.

@Joe Norman thanks for the clarification. An important DETAIL (not so detail).

Thank you guys!

Hi everyone, I am starting to look for a property to buy, in these first steps, I am trying trough Zillow, Trulia, etc... Some questions:

When I choose the option in Zillow to contact the agent, they connect me with some of their Premier Agents, do I must take a buyer agent or I can contact directly the sellers agent?

Appreciate!!!

Does anyone knows how much it cost to have an account as a real estate agent, in Trulia, Zillow, etc? (NOT as a Premier Agent)

I have being trying to figure at, but really not tu much info in the web.

Thank you!

@Darrin Carey, absolutely. Disturbing.

Hello everybody, what is usually paid to a Project Manager if I am going to work with him/her in a regular basis?

I am investing in the OHIO area, (if that makes any difference)

Thank you!

@Taylor Farrington Hi Taylor, and thank you for the contact. I know Bella, actually she seems very succesfull over there. I will check it out, but I think that I prefer my agent to be someone different from the PM, you know, just to control the things a little bit more. But there are reason to have them both in one company too. Thank you!!!

Hi to all Dayton investors/landlords. I am having a really hard time finding the right PM. I´ve talked, (in same cases just tried to talk) with many and all of them fit in one (or more) of these categories: a) They don´t answer emails, messages or phonecalls, b) We set up a meeting (video call) and he/she didn´t appear, not at least letting me know, and then not answering an email c) They receive new clients, but then they dont ¨have time¨ to talk, (of course, after the first meeting when they sell you their services). If someone can help me with this (referral, advice, etc), I will really appreciate it.

I think we are a very good prospective client, it is true, that I am not the kind of landlord, who will accept that the teenat is always right and will just pay everything they tell me (I don´t want a PM like this neither) but for every PM that manages around 300/400 houses or less, we can make a big contribution to his/her bussines in the next 1-3 years.

Thank you!!!

Hi everybody, I want to share with you, what I´found out. As you all said, according to the law, a license is needed to be a PM. But the same law brings the exemptions. 1) The landlord 2) His ¨regular employ¨. And explicity says, that a 1099 contractor employ is not consider a regular employ.

Here is the law:

Licensure Exemption — Regular Employee of Owner :
A real estate broker’s license is required to manage property owned by another, for a fee or other valuable consideration. However, Ohio Revised Code Section 4735.01(I) provides an exception for an individual who qualifies as a “regular employee” of the owner of the property. The Division of Real Estate and Professional Licensing detailed in their Fall 1998 Newsletter (attached as EXHIBIT D) the factors that will be considered to determine if an individual is a regular employee of the owner. The article lists the following factors: The employee is paid via a W-2 versus a 1099 The employer pays all taxes The employer pays unemployment and worker’s compensation insurance The employer schedules the hours If an individual qualifies as a regular employee of the owner, the individual can manage property for that owner without holding a real estate license. Otherwise, a real estate license is required.

@Brandon Sturgill Hi Brandon, I really wanted to hear your opinion. Really valuable as always. Thank you!