@Tiffany AlexyI would manage this unit now while you don't have many to keep track of so you can gain a quality understanding of the industry.

In my case, allowing people to have a direct ongoing exposure to real estate and cash flow on a passive basis without having to understand the intricacies of the industry.

I've actually been interested in real estate since I was in high school (both investing and being an agent), but due to certain circumstances my zeal for the industry had to be put on hold.I decided to move home after college in order to save up some capital so that I can pursue a career in real estate and get into some investing once I moved back to the states.

Why would you need a management fee for a NNN or Industrial property?

While a lot of us are investors, there are also a lot from related industries and jobs (like your own) so you'll fit in great!

I am new to the industry, it may take a while, but eventually my credibility will be noteworthy I figure.

I work in the healthcare industry, and I am the driving force on this--hubby is a stock investor.

There are other good cities too, but in general I go for the markets/cities that have steady population growth, multiple industries, in general growing markets.

At least, for our first two properties I was told we were paying .5% above the usual rate since they were investment properties, but maybe that is not industry standard.For future loans they will look at the payments you have to make yearly (mortgage, taxes, insurance plus any other debt you have) so I still think putting more down now will help in the long run- lower payments mean more cash flow AND lower debt means more borrowing power later on.Kelly

Who here has successfully transferred their account management and project management skills from the Silicon Valley software industry into the New York City real estate industry?