Quote from @Lorraine Hadden: As we close out 2024 and look forward to 2025, NAR released its 2025 list of top performers in 10 metro markets.

LA City here~How do you market your rental to insurance companies directly for temporary home placement?

It’s probably not that you’re “small potatoes” to your PM, but more a reflection of the nature of the market itself—low rents, properties with higher maintenance needs, and tenant issues.These factors make properties in these neighborhoods more difficult to manage and generally less profitable for property managers.

Whoever gives me the most business and has an excellent close record will first be presented with off-market opportunities. 

OTM = General, overhead/widescreen view of nationwide market tends.BPRE = Detailed ways specific people are making money in real estate.

I know a young lady that just did that in my market, so she was licensed just days after her birthday.What are you planning to do with the license?

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

The good ones will have access to off-market deals. 

Rehabs is how i initially scaled.  

My main goals with these initial projects are:1.Gaining valuable insights into the local market.2.Getting hands-on experience with out-of-state investing, particularly when it comes to remodels and managing from afar.3.Testing the entire BRRRR process to see if it’s the right strategy for me long-term.If all goes well, I’d love to scale up and explore multi-family projects.