The changes ensure both buyers and agents are protected, but also the sellers.Compensation: Buyer agent compensation has always been negotiable, but the recent updates encourage even more flexibility.

I taught myself Spanish, I already know the construction crews in the area, the realtors, the communities, the land, I have someone managing the property, I have a maintenance crew… I already did an incredible amount of the work involved in finding a deal and turning it around through reconstruction and proper management.

The project was budget-conscious but impactful, ensuring the unit is ready for future renters.Reflecting on 2024: Wins, Challenges, and Lessons LearnedLooking back, my first year as a landlord was a crash course in property management.

To leverage the STR loophole, ensure active participation in managing the property.

Make sure you have properly served the notice and you have "Proof of Service" properly filled out. 

For house hacking, ensure rental and personal use are properly allocated for deductions.

-Proper SEC guidelines/filings were not followed to raise capital from a large group of unaccredited investors. 

Like I mentioned in my previous post getting a PM who will actually manage your property properly will be very hard.

One of the biggest challenges of investing in Rustbelt cities is knowing where to invest and properly understanding the cooresponding pros & cons.Here's copy & paste advice we share to help to address this challenge:-------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

This is a way to ensure compensation.