Andreas Mathews
How Can I Gain Property Management Experience
10 January 2025 | 4 replies
@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.
Isaac Hanai
Exploring Section 8 Multi-Family Investments in St. Louis, MO – Advice Needed
23 January 2025 | 8 replies
Quote from @Dustin Hagemeier: As someone in property management, I’m pleased to share that we’ve had significant success with the Section 8 program. [...]
Cole Bossert
Starting Air BnB Management
6 January 2025 | 7 replies
First, Are you licensed and insured to manage other people's properties?
Heidi Kenefick
Organaizing finances- baselane vs Rentastic vs avail vs rentredi?
21 January 2025 | 40 replies
@Alison EvansI could not imagine managing 48 doors!
Raul Velazquez
REI in Vancouver, BC
17 January 2025 | 9 replies
Meet with financial advisers/wealth managers and see what other options other than real estate there are and how to best allocate / diversify. ie have you maxed out your TFSA?
Ryan Mcpherson
Rent out house and bleed for a while or sell it and hemorrhage once?
16 January 2025 | 23 replies
To rent the home, I would lose about $2,500 per month (based on comparable rents in my area, property management fees, etc).Both options loose the same amount by roughly 2 years, and by this time, I still will not have built up much more equity in the home to make selling it a break even unless there is price appreciation by then.My dilemma is this: I speculate that my home will not appreciate much in the next 3-5 years due to the rapid pace of development in the surrounding area.In 5-10+ years, maybe, but by then I'll have bled $150,000 - $300,000.I have thought about this a lot and feel that I mar'-too close to the problem to see the best solution.
Raqia Bethea
Am I overthinking
24 January 2025 | 6 replies
You can contact some local property managers and get a better idea of the rental market.
Tony Schmucker
New Investor Seeking Advice on Relocating and House Hacking
25 January 2025 | 22 replies
Developers have been on a building rampage for the last 5 years, so we've got brand new apartments sitting vacant and properties less than 50% full in many areas of town.
Jorge Abreu
Key Takeaways for You to Turn Your Multifamily Real Estate Dreams Into Reality:
9 January 2025 | 0 replies
Begin with the end in mind and work backward to develop a roadmap for achieving your goals.
Kevin Brown
Best Accounting Software
20 January 2025 | 5 replies
Quote from @Kevin Brown: Hi,We own and manage two AirBnb's.