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20 February 2024 | 4 replies
I've seen professional property managers get stuck with a tenant that hasn't paid rent or allowed an inspection in three years.
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20 February 2024 | 6 replies
if you do nothing else, find all the REIA meetings in CT and go to all of them, and start building your network.
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20 February 2024 | 0 replies
Can’t let go of good tenants Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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20 February 2024 | 5 replies
I am work as a network engineer and I have been in my field for 24 years now.
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20 February 2024 | 15 replies
It's crucial to conduct thorough research, consult with local professionals, and be prepared for unexpected expenses.If you're uncertain about specific local regulations or tax implications, consider consulting with a real estate professional, accountant, or attorney who can provide guidance based on your unique situation and the local market conditions.
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20 February 2024 | 7 replies
You will need to disburse funds annually to each property LLC - but if they are all single-member LLCs this may not be required and only the PM LLC will need a bank account, etc.This is not legal or tax advice, so be sure to check with tax attorney and/or tax professional.
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17 February 2024 | 7 replies
I am only three years out of college (marketing) and the majority of my professional experience is in sales/ account management (B2C and B2B).
20 February 2024 | 6 replies
Build relationships with wholesalers, agents, and other professionals in the STL area.
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19 February 2024 | 9 replies
Be careful of someone that wants to "partner" with you and ask you to use your credit.Can be a good idea, but only if serious partnership agreement created by your attorney (not theirs).You can also start building your network to find opportunities to refer out and learn from.Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?
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20 February 2024 | 5 replies
The reality is, you won't know this for sure until you can get professionals up there to inspect.