All Forum Posts by: Grace A.

I’ve gone through a few PMs in Montgomery, and similar situations. I now have a PM who is excellent but I’m also starting to focus on purchasing investments closer to where I live so I can self-manage.

1 Vote

Montgomery, Alabama

Originally posted by @Jeff Copeland:

It might help to clarify what you are looking for from said attorneys:

Wills and Trusts
Asset Protection and LLCs
Tenant Issues and Evictions
Transaction Management/Closings

Thanks! I found one through my local network

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Folks, how do I find a good RE Lawyer? I have property in AL, GA, NY. Any recommendations for great lawyers in those states would be much appreciated!

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If a family member is lending me money to go towards a downpayment on my next investment, do I need a lawyer to create the promissory note? Or can we draft one up ourselves? Will this affect the process for conventional financing? Haven't used OPM before, any insights you have will be helpful...

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@Morgan Daniels I bought my first rental property while based in Australia so let’s definitely connect re: international investing. And I’d love recommendations for restaurants (and good coffee) in town :) pm me

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I’m in a similar situation. Curious to know what you ended up doing @Kori Kelly!

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Hey folks! I'll be at the conference-- attending from NYC. Staying at the Westin down the road (though might change to Sheraton if it looks like most people will be there). Would be great to meetup with folks from this side of town and the DMV area.

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Thanks everyone, this is all very helpful!

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Originally posted by @Denis O'Mahony:

Just jumping in to express the excitement of attending this event! Sounds like a fantastic group of people from the tread posts!

If anyone from NY/NYC area is attending and would like to get together at some stage through out event that would be great. Please connect - Can trade beers for good knowledge ;)

@Dennis Yosco - Love that you are looking to pick up STR on your trip!

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I'm from NYC and I'll be attending! let's definitely connect :D

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Originally posted by @Nathan Gesner:

Grace, use the search feature in the upper-right corner and you'll find a ton of discussions and blogs on this subject.

My opinion is that the majority of people having difficulty managing rentals live in the same town as their rentals. If it's that difficult for beginners to do while living near the rental, just imagine how hard it would be from another state.

Out-of-state investing is for experienced investors, period. There are some rare unicorns that do it and somehow magically avoid major problems, but that's likely more luck than anything. Try to stick with your local market until you've built some experience.

@Nathan G. Thanks, my local market is NYC ;) and I expect oos managing to be hard hence asking more experienced folks for their systems.

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All Forum Posts by: Grace A.

Grace A. has started 8 posts and replied 39 times.

Post: What is Pm actually trying to say?

Post: Finding a Good RE Lawyer

Post: Finding a Good RE Lawyer

Post: Family member lending money for downpayment

Post: BPCON2021 Attendees - Let's connect!

Post: My property manager is the seller

Post: BPCON2021 Attendees - Let's connect!

Post: Self-managing rentals from out of state

Post: You Asked For It! Announcing BPCON 2021 - New Orleans!!!

Post: Self-managing rentals from out of state