We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Inventory has held steady at around 5-6 months for some time now, with roughly 4% more active listings on the market in the metro now compared to November last year.

The one who bragged about buying houses with negative equity, cause he was buying sub2. https://www.biggerpockets.com/forums/61/topics/1190869-im-bu...Okay, wasn’t following prior threads.It seems like there were a few ways around this.1.

Are there areas/cities more open to multifamily rezoning compared to others?

A fourplex means four times the appliances, plumbing, HVAC, water heater, and other repairs, driving up maintenance expenses compared to a single family.In Las Vegas, multi-family properties attract transient tenants, like singles or couples without children, who typically stay 1 to 2 years.

@Landon Sheveland People do fix and flips while living into the property to classify the property as primary residence and not pay any capital gain taxes. if that is your intention, don't use LLC to establish this as your LLC.If your goal is different compared to what I said above, you can use LLC.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

I cant make this up.When I had finally arrived for the last time, I had come to find out two days prior to my arrival he went to shut off the water to the house.

I would go off of comparable cap rates when dictating the sales price.

Ensure your flip profits exceed the LOC costs, maintain a financial buffer, and compare it to private or hard money loans.