It can be a fruitful relationship, as if you have investor clients looking for a trusted property manager, we will pay your a referral fee for sending them our way. 

Real estate investing can be a great idea for several reasons:Potential for Appreciation: Over time, properties often increase in value, allowing investors to build wealth through appreciation.Passive Income: Rental properties can provide a steady stream of passive income, helping to cover expenses and generate cash flow.Tax Benefits: Real estate investors may benefit from various tax deductions, such as mortgage interest, property taxes, and depreciation.Inflation Hedge: Real estate tends to keep pace with or outpace inflation, making it a good hedge against rising costs.Leverage Opportunities: Investors can use financing to purchase properties, allowing them to control larger assets with less capital upfront.Portfolio Diversification: Real estate adds diversification to an investment portfolio, potentially reducing overall risk.Tangible Asset: Unlike stocks or bonds, real estate is a physical asset that you can see and manage, providing a sense of security.Control Over Investment: Investors can influence property value and income through renovations, management decisions, and property improvements.Building Equity: As you pay down a mortgage, you build equity in the property, which can be accessed later through refinancing or selling.Community Impact: Investing in real estate can contribute to community development and improvement, positively impacting neighborhoods.These factors make real estate investing an appealing option for many people looking to grow their wealth and secure their financial future.It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.

Referrals are obviously the best route, but that is not always possible.

If you need a referral to a good PA in NY, shoot me a message and I'll send you a couple.

Thanks for the referral to Miller. 

They tend to be a bit more of tenant turnover.Just make sure you run rent comps and can achieve the increase projectedGood luckGino

I also ask for referrals from other tradesmen I have doing a project.  

Those tend to be the smaller type of deals of course and in more tertiary markets, but not a bad strategy.

Memphis has a pretty affordable housing market and tends to offer solid rental yields, which might align well with your goals.

Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.