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All Forum Posts by: Jennie Kesselman

Jennie Kesselman has started 3 posts and replied 25 times.

Post: Where to stash future investment savings?

Jennie KesselmanPosted
  • Realtor
  • Connecticut & Massachusetts
  • Posts 25
  • Votes 7

@Thomas Rutkowski Great input. I was more referring to a self-deferred IRA for interest/compounding, but by no means is this my area of expertise. Sounds like you would be a great resource for @Aaron Daniel with your wealth of knowledge in this area!

Post: Where to stash future investment savings?

Jennie KesselmanPosted
  • Realtor
  • Connecticut & Massachusetts
  • Posts 25
  • Votes 7

Hi Aaron,

All good options. I commonly see investors using self-directed IRAS and/or whole life insurance policies (see Nelson Nashs book "becoming your own banker") to fund real estate investments. The idea is that with either you have an asset that allows you to pull from your own money from it, invest, and then pay yourself back with interest that compounds for you. Just be careful if you explore either of these avenues it is set up correctly and you use a professional for further advise. Good luck!

Post: Western MA new investors

Jennie KesselmanPosted
  • Realtor
  • Connecticut & Massachusetts
  • Posts 25
  • Votes 7

@Heather Kovaci have fun! When it’s your own home you plan to be in for awhile you can justify some of the touches that you may not put into a property that is exclusively for investment. I hope to see before and after pics ! ☺️

Post: Western MA new investors

Jennie KesselmanPosted
  • Realtor
  • Connecticut & Massachusetts
  • Posts 25
  • Votes 7

Really good stuff you have going on Heather. Congrats again!

My vote would be kitchen first, along with removing wallpaper and updating walls and trim in whole house. It's unbelievable what an effect this can have, and although its extremely time consuming this part won't cost a ton of money.

Spruce up main entryway for curb appeal-  clean up without too much cost the side entrance and back deck. The deck will make a fun project later after you've done some of the other work. I hope you had nice holidays and are settling in well to your new home.

Post: Ever heard of 'Full Service Industrial Storage?"

Jennie KesselmanPosted
  • Realtor
  • Connecticut & Massachusetts
  • Posts 25
  • Votes 7

@Cole Bigbee jackpot with that second website! This is super helpful and very similar to the model we are discussing. Thank you for sharing this!

Post: Ever heard of 'Full Service Industrial Storage?"

Jennie KesselmanPosted
  • Realtor
  • Connecticut & Massachusetts
  • Posts 25
  • Votes 7

Very good points to consider. I am most appreciative of the input. I love the concept, but realize it is only as good as its ability to work for all parties. I will keep you posted how things progress!

Post: Ever heard of 'Full Service Industrial Storage?"

Jennie KesselmanPosted
  • Realtor
  • Connecticut & Massachusetts
  • Posts 25
  • Votes 7

@Mike Reynolds extremely interesting. This is the exact type of scenario my client is hoping to attract. By default he has already found himself with a few of these customers- holding and delivering their large overflow items for random periods of time. However, it is so erratic and he has almost no set up to the rhyme or reason as to how they are charged. 

As a realtor I’m brainstorming how I can fit into this model and help him with growing and structuring this setup so it is predictable and makes sense for him and his customers. Do you think it is feasible companies may be open to paying a monthly commercial storage unit fee (similar to self storage)? Then they would know they always had a designated amount of space to utilize in his facility whenever they would like, without even having to make a call. It wouldn’t be anything crazy for a minimum space requirement, maybe 250 SF and could be expanded if the need was there so the monthly cost would not be outrageous.

Then our initial idea is that any additional services for delivery, unload, crane services, install etc would be billed to my clients construction service as they were needed by “commercial space tenants.”


does this make sense? I like your idea about calling companies to get more data about what their needs are and plan to do this. Of course this issue for me is how to structure this between myself and my client. As a realtor I can handle the tenant lease agreements, however all contracted additional work, which would be the bigger ticket items in this business model, would be paid directly to my clients business (which would be extremely advantageous to him.) I guess the long and short is trying to get creative and how to create a win-win that could offer a fantastic service to the local community. 

Post: 2% rule, do people really use this?

Jennie KesselmanPosted
  • Realtor
  • Connecticut & Massachusetts
  • Posts 25
  • Votes 7

@Victor Steffen Now you just have to swoop that deal up before all the others investors on the forum, LOL.

Post: First-Time Home Buyer Advice?

Jennie KesselmanPosted
  • Realtor
  • Connecticut & Massachusetts
  • Posts 25
  • Votes 7

I wish I knew all about house hacking! I would have used this approach right out of the gate to generate capital, and then converted that property to a full-time rental when I purchased my second property. Years ago I purchased my own home first and while that worked out just fine, If I had a time machine I would have used house hacking strategy first.

Post: Ever heard of 'Full Service Industrial Storage?"

Jennie KesselmanPosted
  • Realtor
  • Connecticut & Massachusetts
  • Posts 25
  • Votes 7

@Brandon Hobbs wow, so it does exist! What a fabulous resource. Thank you for sharing this link!