All Forum Posts by: Brett Deas

My best advice, just do it. You wont know everything and that is ok, lots of people fall on their face (me included) but we turn out fine. It's how you adapt to them is the key. You also have to drill down on what you want to know and ignore other things. There are way to many things in this industry to know it all, so I outsource things like tax strategies and other nuanced things to the professionals that I trust. If I had to learn all about the taxes I would not be able to do what I do efficiently because I would be focusing on too much. 

I adjust pricing accordingly with the fee's. So that way our net will stay the same. 

move on

I would certainly have some conversations with him and see if there is a way to find any past references, but if he checks out otherwise I would let him in. 

I would like to say I have never been sued, nor have any of my friends been sued. 

Took me a while to find a good manager for STR's, but after a while I found a guy and brought him on board and gave him pretty much free reign to set up the systems and processes we need to manage it all.

I have recently started looking into this after a conversation with some friends. I have met a good number of people who are active lien holders in Florida. 

I do pretty much all on market deals. I like the off-market deals but for my clients I have a wholesaler I give them because he has a great flow of off-market deals. And for my own investing the properties I go after are all over the states and not concentrated in a specific market, so I don't have the time to start looking off-market nor would it be worth my resources. 

 I have been very unsuccessful with hospitals directly due to a number of factors. 1) They typically don't share the information about their travel nurses due to the fact that they are vetted so rigorously. 2) The hospitals are not incentivized to find their nurses housing because the nurses do it themselves, they won't waste their time doing something that makes them no money. 

Talking with placement companies and things are hit or miss, often times it highly depends on the company and what hospitals are in your area. I have a few close to me that are a closed system so all of their travelling professionals stay within the system and they already have things set up. 

I have enough demand in my area to have never relied on reaching out directly to these types of sources, So I would focus on more direct listing channels first. 

Build to rent definitely yes, buying an existing property probably not.