Hey everyone,Would love to get some insight/guidance regarding a current issue.I chose to not renew a contract with one of my property managers and notified him in late March, with the contract effectively ending at the end of April.

You learn how to market more effective, for better results.

@Dustin AwtreyIt's hard to give a rule of thumb for rental real estate because ROI and effective tax rate are generally measured over a life cycle rather than each year like W-2 income.Unless you provide 'substantial services' with your rental (aka hotel-like services), the rental activity won't be subject to SE taxes, which is a strong positive...Some properties produce tax loss from year to year, some properties produce tax income.Some people are 'real estate professionals' who can use that tax loss to offset other sources of income, some aren't.Rule of thumb: no rule of thumb, work with your tax CPA/EA.

The Termination Of Occupancy / Notice to Vacate needs to be delivered before the last day of Month to be effective the last day of the upcoming month.

Now, all things need to follow a procedure to be done effectively and efficiently.

@McKinley Crowley @Jerryll Noorden @May EmeryI'm curious to know your thoughts on the most effective way to reach out to a lead.

Kshama Sawant  (Seattle's most vocal socialist council member)  has been advocating for rent control of 5%+CPI allowed increase per year without vacancy decontrol.   

My view is that University District next door is selling for over $220,000 and buyers, homeowners are priced out and, its the ripple effect, investors, home buyers jumping into the next area which has a significantly lower median house price.This one sold 10 months ago, however, I expect it to be worth more today, but below are some comps.Interesting times in Detroit.

Instead, I advocate "bird-dogging" or 'finding' individual note holders and then referring them to high-volume note buyers.

I think this is called the ripple effect.