Marika Aubrey
What would you do with 135k?
3 September 2024 | 6 replies
You have some good advice on diversification above from @Stephen E Drew.
Shibashis Dutta
Any fellow Canadian invested in Detroit
1 September 2024 | 7 replies
Quote from @Drew Sygit: @Shibashis Dutta we've not only got clients from Canada, but also from around the world.We've very familiar with setting up the proper USA tax options for foreign clients:)Thanks.
Star Reid
Showing company for turnover?
31 August 2024 | 5 replies
Lease Management - Avail.co, Apartments.com, Buildium, TenantCloud, - many others - they can List For Rent, Schedule Showings, Provide Applications, Screen Tenants, Setup Leases, Setup and Manage Rent Payment, and other things (keep track of maintenance, keep track of expenses and make reports for accountants etc) Tenants like it because its online and makes it clear what they need to do - This also helps answer Drews question to you. - Showing a property - I have less to say on this one, looking for ideas myself.
Conrado Balicusto
Requesting Investment Strategy Advice for a Real Estate Newbie
2 September 2024 | 8 replies
Quote from @Drew Sygit: @Conrado Balicusto Recommend you first figure out the property Class you want to invest in, then figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing, investors should research the different property Class submarkets.
Nicholas Hausmann
Springfield, IL investing
3 September 2024 | 50 replies
Quote from @Drew Sygit: investors need to understand what they are investing in, not just look at numbers and assume.
Philip Beckwith
Appealing property taxes
31 August 2024 | 13 replies
@Drew Sygit thank you for your input!
Account Closed
DEAR NOAH: Am I overreacting or is it time for a new Property Manager?
30 August 2024 | 13 replies
Quote from @Drew Sygit: @Peri Reischel and @Noah BaconThe challenge for any PMC is trying to keep ALL their owners happy - despite owners having various approaches to maintenance ranging from:1) Slumlord2) Over-improving like they will live thereOur best approach to all this is to, "Maintain to the Neighborhood".
Esteban Cardenas
Using property manager to run renovation
30 August 2024 | 18 replies
@Drew Sygit Oh wow!
Luke Eastman
Rental properties in LLC
28 August 2024 | 10 replies
Quote from @Drew Sygit: @Luke Eastman what's probably more important, is to speak with an estate planning attorney.Your mother should probably have a Trust, to avoid the properties having to go through probate when she dies.As part of the Trust, the estate planner may recommend an LLC or not.
James McGovern
Are Section 8 tenants are MUCH harder to evict compared to normal tenants?
28 August 2024 | 8 replies
Quote from @Drew Sygit: @James McGovern we've evicted both and there's not really any difference.