All Forum Posts by: Account Closed

This is interesting because I've met local owners here in California who own 100 + units, rent out at about $300-$400, the tenants pay their own water bill and electricity which monitored by meters. These guys net about $400K-$600K a year. Guys on here are giving numbers much lower than that. Interesting take 

Hey guys I'm looking into some passive income sources. Now, let me say that I'm a very "involved" kind of guy. But it would be nice to see some passive income come my way in the future. What are some good passive income sources you guys have had in your portfolio? Fire away with details, experiences, and suggestions. Thanks!

What are your experiences in owning mobile home parks. What type of expenses do you incur and how quickly do you make your ROI considering you only rent out the land and don't own the mobile home itself.

Hey guys I'm interested in hearing what your experiences in managing shopping centers are. Please share the pros and cons, management fees, tenant relations etc. Thanks guys and drop some knowledge here. 

I'm interested in knowing if any of you have used investors to acquire properties or any other businesses. We all know that there are just some prices we can't handle, but the business or property itself might just be a piece of cake and lucrative. I met an entrepreneur/agent here in the valley who bought a $10,000,000 anchor property which was 100% funded an investor. The entrepreneur (who I will keep discrete) manages the properties affairs (management, financial duties etc.) and received 30% of net profits, and his investor took 70%. The deal was quite interesting because this entrepreneur was just a real estate agent and through his networking ability sealed a deal that will feed him for years to come. Share your experiences and feel free to comment on this deal as well. Thanks guys and let's really get this one going, it was quite interesting. 

@Mike H. That's exactly what I'd do. I feel that many PM are greedy no offense to anyone but it's just how I feel and many others feel. Reasonable fees, quick replies to tenant needs, and an intention to make sure your tenant and you make money and protect his/her property is KEY. Mike, maybe you should take that leap because you have the right head on your shoulders for it. You wouldn't believe the things some people pull. Great response buddy thanks for it.

Thanks for the help guys and sorry for the late reply, how long did it take you guys to gain your first 4-5 clients?

-How do you gain more clients?

-Marketing strategies?

Give your 2 cents people, thanks a bunch!

Hey guys, I would like to connect with anyone here who manages commercial properties or has experience in the field. Thanks for your help guys. Join the discussion by giving a brief introduction. Big thanks guys and keep hustling! 

What are some expenses of owning and operating a REM business (Commercial Properties) Thanks!