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10 January 2025 | 4 replies
@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.
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7 January 2025 | 5 replies
I'm an experienced project manager with hundreds of cradle-to-grave efforts under my belt, including building project scopes and budgets, evaluating contract proposals, and managing construction to maintain the delivery of high quality products on-time and in budget.Penny is a licensed clinical social worker (LCSW), serving the community mental health needs of parents, children and families.We both recognize we have an immense opportunity to serve our community and want to capitalize on the blessings we have been provided so that we can continue serving our neighbors.My wife, Penny, and I are looking to transition into commercial multi-family real estate in 2025.
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20 January 2025 | 37 replies
My job is our sole income and I get relocated for projects frequently so any property would have to be managed remotely (willing to invest anywhere in the states).Given the our situation above and our long term goals, I feel best next steps would be a heavy emphasis on networking and deal analysis.
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21 January 2025 | 27 replies
Quote from @Jacklyn Robins: You've "never" had this issue, but you've only managed a few properties for five years.
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25 January 2025 | 2 replies
I’m looking to invest in nearby areas, focusing on fix-and-flip projects and new ground-up construction.
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23 January 2025 | 7 replies
For a truly passive experience you'd probably need to be an investor in private equity deals or be a silent partner on a project.
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5 February 2025 | 54 replies
It was a fantastic surprise because it's not what projected was, it was perfect case scenarios.
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1 February 2025 | 30 replies
If you can't find a good manager, walk away.
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10 February 2025 | 21 replies
I also explained to them multiple times, I save money by being both the contractor and investor on my projects.
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9 February 2025 | 1 reply
As a foreign investor, I can get financing up to 80% for the purchase of real estate, so the biggest problem for a more serious project is down payment if you have a solution for down payment, please suggest me.