Updated 24 days ago on . Most recent reply
Looking for first deal
We are looking to make our first deal as an owner and passive investor of a duplex, triplex or four plex. We have two entities located in two states, an LLC and a holding company. Our target price of the investment is between 150k and 450k for new construction or year 1985 to 2025.
Most Popular Reply
Drew Sygit
#2 All Forums Contributor
Agent
Property Manager
Pro Member
#2 All Forums Contributor
- Property Manager
- Royal Oak, MI
- 7,243
- Votes |
- 10,277
- Posts
Drew Sygit
#2 All Forums Contributor
Agent
Property Manager
Pro Member
#2 All Forums Contributor
- Property Manager
- Royal Oak, MI
@Gregory Peeplez not sure where you got the idea that you could be an, "owner & passive investor"?
Yes you can hire a Proeprty Management Cmopany (PMC), but you will still have to, "Manage the manager" to avoid mistakes and worse.
This means reviewing your monthly management statements and questioning anything you don't understand. Always assume the worst!
Where are you looking to invest?
- Drew Sygit
- [email protected]
- 248-209-6824
Logical Property Management
232 Reviews
4.9 stars