Network with local investors to understand what formulas they're using.3.

Send them a written notice of non-renewal, following your local laws about how much notice you need to give.

Trustworthy property managers can make or break a portfolio, and I’ve found that vetting them carefully—checking their reviews, local reputation, and how they handle tenant retention—is crucial.

Their company is pretty great at not responding to their communities people , not following local law yet alone their own lease agreements The uptick of lot rents I get it it’s business but also driving out affordability for people which again it’s a business so some may say that part is just the territory , but not following lease agreements , hiring poor management and then doing nothing about it when it’s escalated is a reflection on their business aswell   best of luck. 

I live in Portland  Maine , I am new to real estate investing and looking to connect with any local investor.. thank you.

After joining a Facebook group for local STR owners, and talking to all the major PMs in the area, I concluded that in the time vs money war, I was going with this particular PM. 

I am new to real estate investing and looking to connect with any local investor.

You are local and adding value add!

.👀 Risk ManagementBoth investments require risk management:Stocks: Company performance, market conditions, economic factorsReal estate: Property maintenance, tenant quality, local market changesBut guess what?

Feel free to reach out if you have any questions about the local market here or want to connect!