My Real Estate goals are to start investing in small multifamily properties in Connecticut and to transition into an Originations role.Outside of work, I enjoy most active activities: avid skier and a terrible golfer.

Hello BP Community and Property Managers,I'm planning to take over as property manager on one of my rentals and I'm looking for input for a smooth transition.

As of 2022, over half of millennial households were homeowners, which still leaves many more young households who want to make the same transition.

Ah well, a lesson to pass down to my children, I suppose.Selling this property as it is transitioning out of being an owner occ makes sense though. 

I am working toward my RE license and would like to begin as an agent by the end of the summer as a part time job along with my W2 so that I can put any income from that into paying down that HELOC and putting more cash aside for the next possible deal.I'd like to have 2-3 more rentals within the next 5 years so that I can transition from my W2 to full time real estate (is that realistic?

Would a down payment be required during the transition from the Bridge loan into DSCR?

Several years ago, a mentor of mine told me that his career began with “learning”, then transitioned into “earning”, and in the later stages, “returning”.

It's easier just to continue with the current PM rather than finding a new one and going through the transition, but I would start looking around if I were you. 

Could you guide me on how to transition my career, the necessary documents I need to bring from the Philippines, and what steps I need to take to sell properties in California?

What's going to happen to me" etc.3) It gives you an opportunity to tell them how the transition will work - the next owner will assume their lease and they are required to honor the remainder of the lease.Good luck with everything on this sale!