All Forum Posts by: Sam Clemente

 What city are you from? I can give you some recommendations, and I happen to work at a property management company

I work at JAMM property management co. and can confidently say we are one of the best companies in the area. We will walk you through every step to make sure nothing is left out. Many of our owners are out of state and they are beyond satisfied. Let me know if you'd like to learn more!

https://jammrealestate.com/

I work at JAMM property management co. and can confidently say we are one of the best companies in the area. We will walk you through every step to make sure nothing is left out. Many of our owners are out of state and they are beyond satisfied. Let me know if you'd like to learn more!

https://jammrealestate.com/

I work at JAMM property management co. and can confidently say we are one of the best companies in the area. We will walk you through every step to make sure nothing is left out. Many of our owners are out of state and they are beyond satisfied. Let me know if you'd like to learn more!

https://jammrealestate.com/

I work at JAMM, we'd be happy to help! check out or website or give us a call https://jammrealestate.com/

Hope to hear from you soon!

JAMM is a great property management company in the cleveland area

Congrats on your first property!

There are a couple things I'd like to mention. It starts off with how involved you want to be. If you have a full time job and don't have much free time then maybe hiring out a PMC is the best call, but if you have enough time on your hands it wouldn't hurt trying to manage it by yourself because that's the best way to learn. Since its only a single property, it shouldn't be too hard to keep track of everything - people tend to hire PMCs when they have a growing portfolio that they can no longer keep track of themselves. If it makes you feel any better I manage my own properties and I'm 22, so I'm sure you can handle one at 20! The best way to learn is through experience but totally understandable if you want to hire management for your first go around. It definitely can be overwhelming at times but it is a simple game. Screening tenants properly is one of the most beneficial things you can do to set yourself up well for the long run.

Feel free to reach out if you want to connect or would like any more advice, I'd love to help!

 Understood. I don't think I can afford this outright so would I still start reaching out to investors? Not only do I have to come up with the money to buy it, but also funds to rehab it. It seems like a doable project, I am just inexperienced with something of this size. "Seller Financed" may be the wrong term, but definitely creative financing, no?

Thanks again and my apologies for lack of knowledge on this topic

 Thank you! I will look more into that

I am currently in the process of renovating a house for a flip right now, but am trying to get more into seller financing. There are a many others the same age as myself doing it in other cities so I believe it is something I can do with more knowledge. I follow some of those people on social media and would like to try and replicate what they are doing I just don't have thousands to spend on their "training" or "mentorship programs" at the moment.

I plan to save the money from this flip to then buy a duplex and house hack, but I'm always looking for new ways to make money and source deals!

Thanks