.- We have busy but well paying jobs and don't like to spend time in building sweat equity (BRRR, flip), so will take a slightly low maintenance approach and buy relatively newer properties in B class neighborhoods and use property management for day-to-day operations.Goal:- To get to $10K/month net profits with real-estate (today's currency) in 15 years when we plan to retire.

Choose a manager whose approach aligns with your investment goals, and remember—value matters more than cost.

The reality is they have created a new job - yes they may make more and retire early, and I'm sure it's better than their old W2 - but I'd be 100% sure they are incredibly busy most of the time. 

Hey @Vhernadette Sasing, with your high income and limited time, a solid approach might be investing in cash-flowing assets that are low maintenance, like passive multifamily syndications, or exploring online businesses with recurring revenue models (e.g., SaaS, subscription-based e-commerce). 

Things have tightened up everywhere so it's not as it was in the day, but without question, many people became wealthy on both sides with an off-market approach.

Your scattered approach is going nowhere fast (analysis paralysis) and is highly likely to result in someone taking advantage of you:(Recommend:1) Figuring out what investment approach suits your skills & risk tolerance2) Determining where in the US to apply your chosen approach3) Learning everything you can about that market4) Networking & building contacts & team in the market5) Doing a "test" investment in that market to make sure your expectations are met6) Investing more if your expectations are met.-- If not, go back to step #1 as you many have chosen the wrong approach!

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

They are probably non-compliant arrangements or, at the least involved in risks they have no clue about, but as things go well at the time and they may money they are satisfied with their simplified approaches.

👋My name is Cecily Lachapelle, and I’m thrilled to introduce my husband, John, and myself to this incredible group.

They use more of a flat fee approach.