Hello Everyone!

I hope you all are doing well and excited for the Halloween Weekend.  Just wanted to blog about a small success that I had in my newly established Property Management Business called Spartan Residential LLC.  You all know me from my wholesaling company, New Haven Homes, LLC, but recently I decided to dabble in the property management arena, specifically the leasing side of the business.

As I mentioned in an earlier post, I have been finding the majority of landlords by calling for rent signs and posting ads on craigs list to attract landlords.  Currently I am trying to lease approximately 10 units in the CT area.  In a matter of two weeks, I have scheduled about 6 showings after I screened the potential tenants for my landlords (Credit / Background Check).  Today will mark the first tenant who will actually be signing a lease, solidifying my first payday for Spartan Residential LLC ($500 property mangement fee).

Mind you I am still full time in accounting, so I was able to create extra income for myself part time, and all I was doing was simply posting ads on craigs list and making a lot of phone calls.  This business is what will take me out of the accounting world because I can see myself making it grow and taking over my current income stream.

Just thought I would share my small success, and if anyone else is in the business, please shoot me an email.  Perhaps we can exchange property management strategies!

On a separate note, my partners and I have a condo worth between 50 - 60k under contract for 25K.  It doesn't need any repairs, so I beleive we will have our first buy / flip property on our hands.  Stay tuned for updated blogs from New Haven Homes, LLC in a short time from now!

Kind Regards,

Manolis

New Haven Homes, LLC

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