THE BELAIRE STORY
Once Upon a Time …
In 2001 Brian started buying residential rental investment properties and apartment buildings in emerging markets along the commuter corridor path of Route 2 in Massachusetts. For the next 15 years his company increased their property holdings to number 60+ units over 17 buildings including properties in Athol, Gardner, and Fitchburg Massachusetts as well as a high-end single-family rental home in Port St. Lucie, Florida, and he was also a partner in a 230 unit complex in Green Tree Texas, and an interest share in international commercial properties in Korea.
Every Day …
Brian would conduct the normal day-to-day business operations of renting, renovating, and managing the rental portfolio and continued to grow the rental business. HGTV programs heavily influenced his renovation projects with all of the gorgeous interior design trends and custom functionality from the fixer-upper shows that so inspired him. He began to transition his entire rental portfolio to emulate the high-end rentals he was so inspired by on TV. He was constantly studying, reading, learning, and taking classes, workshops, seminars, and mentorships, coaching programs and absorbing everything he could to learn about real estate and running a profitable real estate business. He became a sponge consuming everything he could constantly working on refining his business model to be more efficient and profitable.
Until One Day …
In 2003 Brian created Belaire Property Management to separate the holding company’s asset liability protection from the operations of the management company and began to operate all of the rental properties under the newly formed entity. Brian then began to develop business systems and an organizational structure for the company until he finally incorporated as a Limited Liability Company (LLC) and transferred all of the management operations for the real estate holdings under that entity.
Because of That …
In 2008 Brian was nominated unanimously by membership and became the President of the Northern Worcester County Landlord Association, which is one of the 28 Massachusetts satellite landlord and property owner associations back then under Mass Rental Housing Administration (MRHA) and now under MassLandlords.net. From this position as president of this non-profit association Brian became responsible for the training and tutelage of over 140 Massachusetts landlords on the best practices of being a successful Massachusetts landlord under the guidelines of:
- Tenant/Landlord Law MGL 186 ss15B; 93a; 139 ss19
- Housing Discrimination Law: Title VIII of Civil Rights Amendment of 1968
- Information Protection Act: 201 CMR 17.00 & 93H
- State Sanitary Code 780 CMR
- State Building Code 105 CMR 410
- International Building Code (IBC)
- International Energy Code (IBC energy Code)
- American Disabilities Act
And Because of That …
Brian saw first hand how so many landlords were struggling with the overwhelming legislation and regulations that were suppressing the real estate rental property industry. He saw smaller landlords suffering with the financial consequences of a legal system skewed against landlords. Their properties were falling into disrepair from landlords going under not being able to collect rents and maintain their property. He also saw property management companies collecting lucrative fees from landlords no matter who they placed into the rentals. Too many property managers were not being responsible by placing unscreened tenants into rental units making matters worse.
Until Finally …
Brian seeing the success of the property management company he had built in Belaire Property Management realized that he had a solution to help other landlords. He could share all of his systems and operations to help other colleagues who were suffering in their objective to become successful landlords. Belaire Property Management could provide their clients with a playbook to understand the game by the rules and guidelines that have been established by the local, state, and the Federal government regarding rental property. So Brian began writing late in 2013 to document an operations manual to outline all of the best practices and procedures that had been so successful for his business. This mission continued as an all-consuming passion to provide these best practices to the benefit of his fellow landlords and property owners.
Today …
The Belaire Property Management Operations Manual has been completed as a living, breathing document that is constantly being updated, revised and improved to provide the best possible practices for being a Successful Massachusetts Landlord. Today, Belaire Property Management maintains a large portfolio of rents for their clients and is aggressively pursuing additional landlords and property owners to add to their rental inventory through a professionally designed marketing system.
And the Residents and the Landlords ALL lived happily ever after together …
This … Is Just The Beginning …
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Warmest regards,
Brian Lucier
Belaire Property Management
Regional Property Manager
(978) 448-0669
info@belaire.co
www.belaire.co
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