All Forum Posts by: Matt Maurice

Thanks for the mention @Marcus Auerbach!

@Justin Johnson I'd be happy to chat about the Milwaukee market and see if we'd be a good fit.  Feel free to send me a pm so we can connect.  

Thanks for the mentions @Account Closed and @Marcus Auerbach!  

I'd love to chat and see how we can help, feel free to send me a pm.

@Account Closed thanks for the mention!

@Frank Manning happy to assist anyway that I can!  We are moving away from multi-family management and focusing on our roots of scatter site management.  Happy to connect and provide some Milwaukee knowledge if you'd like.  

Hi Jorge,

I own REIS Property Management in Milwaukee and would love the opportunity to discuss your goals and the Milwaukee Market.  PM me if interested.

Thanks!

A lot of great view points on this post!  

As a PM, the only thing I will add is I personally hate doing only lease ups where we don't manage the project.  What is the accountability system you have in place @Joe Kim to prevent a PM from placing a bad tenant just to quickly collect their "discount" rate?

@Account Closed

Creating one (at least) LLC for your property is pretty common practice. In theory, you are creating a "bubble" of liability. What @Shawn Dandridge

is pointing out, if your separate "bubbles" are too closely aligned, someone can come after both very easily. If you are the sole proprietor of both a property management LLC that only manages property for an LLC that you are also the sole proprietor for, chances are they can get at both. What is different here, is they cannot get at your personal finances, primary residence, Jet Ski, Snowmobile etc... I am certainly no attorney, this is my interpretation.

**Best practice tip** Require every tenant to carry renter insurance with a minimum of $300,000 liability (in the Milwaukee area any tenant can obtain this for $10-$15 per month). When they start the place on fire, their dog bites someone, slips on ice or in my case, falls off a deck... the renter policy will help mitigate and in some cases prevent you from inquiring a loss record on your policy. (slightly different topic, but nevertheless I thought it applied here)

I realize this was sometime ago, but they just called me after visiting their website. I'd be curious to learn more about these guys too.