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All Forum Posts by: Cody Maheu

Cody Maheu has started 9 posts and replied 44 times.

This question seems to come up a lot in BP and the best answer I've seen is it depends on your goals. For my team, we don't want to deal with day to day operations so having a property manager makes sense. That being the case, I bake those costs into  my property analyzer so that I can afford them and still get my desired return. We are also out of state, so it's out of the question anyways.

With your case, I'd suggest asking to see if its the right fit. You can always try out self managing and if it turns out to be too much work just toss it over to a PM. Good luck!

Post: Maine MF Virtual Meetups

Cody MaheuPosted
  • Posts 45
  • Votes 18

@Jason Kern Awesome, I'll keep you in the loop! We are hoping to start our first meetup in November.

Post: Maine MF Virtual Meetups

Cody MaheuPosted
  • Posts 45
  • Votes 18

@Eddie Gonnella Awesome, thanks for the support! I will keep you posted.

Post: Maine MF Virtual Meetups

Cody MaheuPosted
  • Posts 45
  • Votes 18

Hey BiggerPockets! I was curious if there is interest in creating a virtual meetup for Maine focusing on multi-family / commercial properties.  Since COVID has slowed down a bit, I see that most of the meetups around Maine have transitioned back into physical meetups. Would anyone be interested in attending a virtual meetup?

 I am an OOS investor that lives in San Diego that invests in central Maine. I invest with 2 partners and we are about to close on our first duplex next month.  We want to build a meetup that helps ease the learning curve by introducing topics each month or maybe even bi-monthly? An example of this would be going through live examples to analyze properties. We plan to make this meetup more interactive but also flexible to topics and discussions! 

If anyone has ideas on how to market this idea more, I'm all ears. If there is enough interest, I'm open to starting one next month! Thanks!

Following this post for good books to read. About to close on my first duplex, after a few active investments I plan to try out a syndication! Thanks for the quality post!

@Jill F. We are about to close up on our first purchase, what property management software did you end up using? 

@Kevin Phu Yea shoot me a DM and we can start talking shop. I have 2 partners at the moment that both live in San Diego as well.

Post: Central Maine RE Attorney

Cody MaheuPosted
  • Posts 45
  • Votes 18

Just putting a comment in here because we are on the hunt as well.  We are about to close on a duplex in the Augusta area. We got referred to James F. Pross - Tarbell Professional Association by our finance guy. We will most likely speak to him within the next week or so, I'll let you know how it goes.

As @Bethany Turon mentioned, my partners and I just started our OOS journey. We live in San Diego,CA and are starting to invest in Maine. We are about to close on our first property. Let me know if you have any questions on where to begin and I'll try to help as best as I can! @Bryan Milian

Post: In need of a handyman

Cody MaheuPosted
  • Posts 45
  • Votes 18

@Nathan Hann we are looking for the same thing. I'll let you know if we find anything.