Keep systems in place for managing documents and contracts.6.

Hey all - Stumbled into a new SFR net lease strategy after purchasing my first self-managed SFR in South Florida.

I manage properties with both - but I recommend pots (although at home I use Keurig). 

It’s the simplest way to get a feel of what it is like to be a landlord without going through the hassle of managing rehab projects.

Feel confident turning over management.

Self managed HOAs are usually undercapitalized so you want to take a thorough review of the condition of the community to make sure there isn’t deferred maintenance because you might get hit with a special assessment if the board isn’t setting aside cash for those capital improvements.At face value, taking into consideration my typical financial objectives, I wouldn’t do this deal unless it was a much lower price.

I've managed a number of successful rehabs and put a lot of sweat into them as well.

. $215k is the offer that is falling through.It's not something we could self manage.

As a property management company in Washington, we help owners navigate these challenges and optimize profitability if they want assistance analyzing their property or planning future strategies.

The more deals you’re part of, the more you learn about:✅ Structuring deals✅ Managing risk✅ Negotiating with partners✅ Handling financingTaking part of a good deal helps you build real-world experience that will pay off big in the future when you do bigger and better deals.3.