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9 June 2024 | 3 replies
My wife and I are based in the Southeast Michigan and are eager to dive into real estate investing to create generational wealth and ultimately escape the rat race.A bit about us: We have a combined $16,000 in savings and approximately $150,000 in retirement funds.
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10 June 2024 | 6 replies
Whether it is to build out your own in-house PM company, renegotiate vendor contracts on your properties with your new unit count as your bargaining chip, or just build out a more robust administrative team, now is the time to do it to support your needs for the next market phase.
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10 June 2024 | 12 replies
@David Hersh as a PMC, we do everything we can to assist our clients.So, we have referrals to lenders, attorneys, insurance companies, CPA's, etc.
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10 June 2024 | 8 replies
I have this condo over at 444 Bedford, funny it is the same company who built 700 summer.
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10 June 2024 | 1 reply
Know how and who is going to manage, speak with local PM companies (if not self managed) do some due diligence on projections, nightly rates and optimally visit (if haven't already) the areas you're exploring investing in.
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9 June 2024 | 35 replies
Quote from @Heather Kiddoo: I'm happy to jump on a zoom and talk about what TC's do in the creative real estate transaction if either of you are interested @Mike Hern @Chris Seveney Thanks for the offer, but we have an in house team and use attorneys / escrow companies for all of our real estate transactions.
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9 June 2024 | 40 replies
Some amount can also probably be put in an index fund and just leave it. 2.)
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7 June 2024 | 15 replies
Talk to title company and see if they have seen this company fund deals they will know without giving out any specifics. 5.
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9 June 2024 | 8 replies
I have some thoughts to your question:1) Maintenance service plans (requires agreement with preferred vendor, or if you have maintenance staff, through your company)2) Landlord liability insurance through third-party insurance providers (note: this is in addition to a Dwelling Policy, which the owner should already have)3) Lawn maintenance service programs (requires agreement with a vendor for agreed-upon pricing, or if you have lawn staff to provide this service, through your company)4) Fee in lieu of security deposit (requires agreement with insurance company that provides this service)5) Increased inspection options (e.g.