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All Forum Posts by: Emily Holbrook

Emily Holbrook has started 10 posts and replied 34 times.

Post: Need attorney for seller financing contract

Emily Holbrook
Posted
  • Investor
  • Hudson Valley, NY
  • Posts 34
  • Votes 31

I'm attempting to find an attorney that can look over a seller financing contract. I've contacted SEVERAL in Michigan and most never return my voicemail and the ones that do say they don't work with seller financing agreements. Can someone PLEASE point me in the right direction for this??

Post: In need of agent for selling small SFH in 48227

Emily Holbrook
Posted
  • Investor
  • Hudson Valley, NY
  • Posts 34
  • Votes 31

Looking for reliable agent to sell 1 of my rental properties as I've decided invest in a syndicated deal and need the cash. 

Post: Mangement company recommendations

Emily Holbrook
Posted
  • Investor
  • Hudson Valley, NY
  • Posts 34
  • Votes 31
Quote from @Drew Sygit:

Depending on the location, we may be able to assist...


 Just messaged.

Post: Mangement company recommendations

Emily Holbrook
Posted
  • Investor
  • Hudson Valley, NY
  • Posts 34
  • Votes 31

Hello,

I have 2 SFHs in Detroit and am looking for a management company to take over managing the properties -- preferably one with references. Thanks in advance!

Post: Starting Out in Real Estate Investing

Emily Holbrook
Posted
  • Investor
  • Hudson Valley, NY
  • Posts 34
  • Votes 31

Welcome! BP will definitely help you on your journey!

Post: Planning to start investing in Detroit - any one use Upside investments?

Emily Holbrook
Posted
  • Investor
  • Hudson Valley, NY
  • Posts 34
  • Votes 31

I can vouch for Nader and @Travis Biziorek -- and the whole Upside team for that matter. 

I highly recommend Travis' newsletter about all things Detroit (and beyond) https://www.buyingdetroitrealestate.com/. He's a very smart guy and has more than 10 rental properties in Detroit. He's a true believer in the city.

I'm on my 2nd BRRRR with Travis, Nader, and Upside. The first appraised AND rented for more than projected. After a cash-out refi, I had my money back. My 2nd property is currently being renovated and am looking at the same -- or better -- once rented and refinanced.

Post: Real estate newbie

Emily Holbrook
Posted
  • Investor
  • Hudson Valley, NY
  • Posts 34
  • Votes 31

Welcome, Elizabeth! Ohio is a great market and I'm currently researching the Syracuse market for a potential investment in the near future. Feel free to DM if you'd like to chat!

Post: Can you set up a legally qualified self insurance?

Emily Holbrook
Posted
  • Investor
  • Hudson Valley, NY
  • Posts 34
  • Votes 31

You may want to look into forming a captive insurance company, which acts as a supplement to traditional insurance. Large real estate companies do this. Worth some research. 

https://www.nisivoccia.com/captive-insurance-strategies-can-pay-off-for-real-estate-operators/#:~:text=The%20captive%20insurer%20can%20cover,or%20subject%20to%20high%20deductibles.

Post: Is it common for PMs to charge a tenant placement fee?

Emily Holbrook
Posted
  • Investor
  • Hudson Valley, NY
  • Posts 34
  • Votes 31

Yes, it's common to charge a placement fee but I would try to negotiate the one month fee. 

Post: In need of a competent CPA in NY

Emily Holbrook
Posted
  • Investor
  • Hudson Valley, NY
  • Posts 34
  • Votes 31
Quote from @Nate Meeker:

@Emily Holbrook Would you be willing to work with a CPA remotely? As a real estate investor myself, I have found that the location of your CPA is not as important as is their experience with real estate. 


 Absolutely! I actually have a initial consultation call set up with you today. Looking forward to it!