All Forum Posts by: Joshua B.

Hi @Tim Corey.  Did you find any good PM that has worked?  I am looking for a new PM for an apartment complex (8 unit), where we are looking to change management. 

Hello everyone! 👋 We're on the lookout for a reliable and experienced property manager in Rochester, NY to manage an 8-unit apartment complex that we own. We do have a manger currently but looking for a change as some communication has been poor with us and seeing if we can find a better fit.

🔍 Responsibilities would include:

• Property maintenance coordination
• Tenant communication and issue resolution
• Lease administration and tenant placement
• Rent Collection and owner payouts

💼 Requirements:

• Proven experience in property management
• Strong communication and interpersonal skills
• Knowledge of local rental laws and regulations

If interested or if you have any recommendations, please drop a message or tag someone who might be a great fit! 📬👷‍♂️🔑 #PropertyManager #RochesterNY #RealEstateOpportunity 

Thank you for any information you may be able to provide.  

Investors, managers, and BP junkies,

Looking to see if anyone can shed light on something I’ve been considering. Lets call it the long-term to short-term rental switch.

Current owner of a shotgun double in New Orleans, with long term tenants moving out soon. I owner occupy one side and am working on some BRRRR type of improvements.

However, I sometimes have to travel for work. Wondering if anyone knows who does a great job at managing short term rentals. I am interested in doing some of the management myself, but would also consider hiring out for this if the percent keep is good.

How does this work? Assuming that a Airbnb account would be opened for the property and shared access with owners / managers? Any experienced investors / owners / managers want to weigh in?

Things to look out for?

Smart / tricks, advice for best long-term rent experience moving to short-term rent game?

Thanks, and looking forward to starting some discussions! Also interested in meeting in person if anyone knows of any local investor meet-ups.

-Josh

Anyone still doing real estate meet ups?  Interested in meeting and sharing ideas with some local investors NOLA local.  Let me know if anyone knows of any meetups.

Miguel, whats the REIA meeting like? I would be interested in a NOLA meetup also.

Rochester investors, 

Anyone still interested in or know about a professional real estate meet up or networking opportunity.  I am a local Rochester investor and looking to network / bounce some ideas around and meet some of those that are also successful as investors and / or property mangers in this area.

Not sure if this meet up has since died but this is the only thing I could find searching bigger pockets.  

@Braden Smith - excellent post.  What exactly is a homestead exemption?  Seems like this should be something that I would plan to use if its not to difficult to obtain.  Are you interested in further discussing the chance to work with me as a realtor on this?  If so PM and Ill get back to you.

As you mentioned I do plan to use the residence as my primary, as may be needed for VA - thanks for the reminder @Mike Wood. However that does not change the fact that I will be out of the area at times and would be interested in setting up a STR if possible. If not possible I'd still be looking to purchase a place that I could set up for a LTR in the future after I lived in it and upgraded it modestly.

Do you know if some condo / apartments do not allow LTRs?  If so this may be a good option.

I've heard the Garden District is a good area.  I am looking for something nice or ability to update to A / reduced chance for flood / location is top priority.  I am seeking to avoid the bourbon street area.

I've used VA in the past and near mint is a bit of a misnomer. Usually as long as there aren't any significant structural or major problems with the residence VA funding is simple to secure.

@Mike Wood - thanks for the point about flood zone x areas.  Probably what I'll be optimally trying to target.

Lastly - anyone have a great realtor to recommend other than Braden?

I am looking for a specific type of property in the New Orleans area, reaching out to the forums if anyone has a highly recommended and great realtor that can help find something like this.

Looking for a single- or double-unit place that can double as an Airbnb. I travel a lot for work and plan to use the property when I am in town for business that I plan to be conducting in the New Orleans area. A couple requirements that I am thinking for the place:

1) single or two bedrooms. Can be a one- or two-unit place.

2) Location - looking for out of flood areas, and a nice neighborhood. Looking for something that can either be renovated to a very nice place or something that is already turn key. Basically an “A” - or a “C”/”B” property that can become an A with some work. Location is very important here.

3) Security is important as I will be out of the area at times and I will be renting the unit on AirBnb. This comes back to location, but also may make sense to find something like a flat with a full-service entrance and 24/7 security or a nice duplex in a great area. However, I know that sometimes some of these type of places don’t allow Airbnb.

4) Looking to use VA financing - so a realtor with experience or connects in this is important.

5) flexible on timeline. Optimal goal would be to be close to closing on a property by Jul2019.

Thanks in advance to anyone who wants to weigh in on the NOLA area or has a great point of contact to recommend.

@Basit Siddiqi @Ahad Ali - thanks for the advice guys.  I agree on seeking advice from a CPA, as the complexity with the partnership is outside of my wheelhouse.  Still waiting to hear back from my previous CPA / colleague.  until them Im looking to find a good CPA incase it doesn't work out.  

@Bryant Tumbelekis - just saw your last post.  Thanks!  I am currently reviewing some interview questions and will be reaching out to select prospects soon!