All Forum Posts by: Katelyn Atcavage Robideaux

Any insight on this??? Hoping to hear from someone who has had a lot of success, and has gotten the method down to a science on obtaining these off market deals! Cheers and thank you!

I have one property currently, under my husbands work LLC. I am trying to get organized so we are set, off the bat, with a good system for all properties to come.

I use my general accountant currently, but I am looking for an accountant well versed in real estate investing- a tax planning accountant. Note: I am most definitely planning on expanding my property portfolio with more properties over time. 

That being said, do I need to have each property in their own LLC?? I understand this can create more protection. Also- I saw someone mention that for even more protection... "add each of those house's LLC's to their own solely by a parent LLC that will act as a holding company." Would most of you say YES to this?

Is there any benefit to the accountant being local versus not? Note: We are currently investing in our area (Sarasota FL) but plan to expand nationwide in the next couple years.

Any insight on this? Thank you so much! Cheers.

 This is also great to consider. Thank you so much for the input. There are a lot of avenues and I agree- leveraging the lack of capital is key. Using skills to get IN. Cheers!

 This is so helpful and I must say... Wholesaling is something that keeps coming back to me, as I do have a large network of investors. I am definitely leaning into this option. I would need to become better versed. Thank you so much for your insight and thought provoking response. Cheers!

I know there are so many ways to get started in investing WITHOUT the capital. 

What has been most successful? 

What has been least successful? 

are you partnering/ adding value in a deal before physical investing? does this give you a piece of the pie?

I keep thinking I need to acquire X amount of $$ before I dive in... but I keep seeing people everywhere, as young as 18, investing without the capital! Love to see it and want in on that!

I have a few friends who are big time investors and wanting to do business together. Exciting but also a lot to navigate. I know they are interested in pre foreclosure and pocket listings... one of them wants an office building, one wants a multi family. They are doing a lot of searching on their own but have asked that I dive in and look for them, as they'd like to work with me.

1) what is the best way to obtain these types of listings? phone calls? networking? I would appreciate those who have been successful to explain!

2) how do I receive commission as the agent? Ive read a lot of mixed information for this and it kind of sounds like a free for all based on a mixture of- % $$ down, if full cash payment, type/loan amount, etc. What has been my fellow agent's experiences? 

thank you in advance! I am excited to navigate this new avenue.

We’ve all got to start somewhere and of course that “somewhere” looks different for all of us. I may be in over my head as a young (in age and experience) investor and realtor but I am very drawn to multi unit properties (10+) ie. Apartment and condo buildings. 

I do not have the capital to invest in these quite yet (someday!!!), however, I am interested in the process of acquiring a listing like this? Aside from networking and reaching out to complex’s, and getting myself out there locally… am I missing an “in” as a realtor to list something this large? 

Realtors - What has been the most successful approach in acquiring your FIRST large listing?

@Christina Hennessy what a wonderful response! so well said- how could they not want a realtor at times like these! Also- I have not put away 30% and that's a great point. cheers!

Hey Chad! Congrats on your new endeavor! Real estate is a wonderful industry. This was great timing that I saw your post, as this question came up the other day in conversation. 

Man oh man, BOTTOM LINE: this market is crazy... people need us! We simplify the crazy and get them the best offer possible. We want them to win, too! Its our job to make sure they are making the best possible investment. Not to mention, our services are FREE! I like to note, as well, that is is our JOB and specialty to find them the perfect property. In this fast moving market, I cannot imagine someone would successfully "keep up" without representation of a realtor, unless they themselves are experienced in the market. 

Know your worth in this industry and make sure to note that many people (especially new buyers) do not know our services are free, nor how much value we have.

Cheers to much success!

Hey Stephen! I think this could be smart, as family and friend visitors are ALWAYS looking for somewhere to stay. I’ve done it several times throughout my life and continue too as I recently just stay with family outside of University of Alabama, which is similar to your example, as it is a college town in the middle of small Town/ rural areas. We stayed at an air bnb bc it was much more convenient than the hotel and we enjoyed the quick drive to get to the campus.

I would say, look into the hotel and rental situation nearby. Are most visitors staying at hotels? Are they closer to campus than your rental will be? This might help in your decision making process. Again- it could be really successful if it’s proximity is close enough to the college.

cheers! Happy investing.