Climate control usually not enough market in a C market to justify.6. 

For this reason, I would take inventory of the local banks within your target markets that offer financing options that best serve your real estate needs (again, usually the smaller local banks), and build depository relationships with them.

It's a balance of cashflow and wealth accumulation.One of the goals is to have tenants pay as much of your cost-of-ownership as possible (loans, taxes, insurance, etc.)In high-cost areas, any Class A or B property you buy will usually negative cashflow for the first 3-5 years, until rents rise enough to cover the negative cashflow + rising taxes & insurance.Investing OOS increases your risks because you may not know the market and you can't check on everything/everyone all the time.If you move forward with your buddies, HIGHLY recommend creating a solid Partnership Agreement!

I’ve learned through experience that if a renovation will take several weeks or months to complete, it’s usually better to hire contractors.

In my opinion, the best place to invest is where you have the best advantage which is usually an area you know best or a place where you have great connectings!

This extra year gives property owners more time to schedule inspections and make necessary repairs.Key Points:Applies to multifamily properties with three or more units.Covers balconies, decks, and elevated elements made of wood or similar materials.Inspections must be completed by licensed professionals and repeated every six years.Hazards identified must be repaired promptly.With the extension, now’s the time to plan ahead.

After today’s experience with the extra “PM” fee tacked onto the already extremely high placement fee, I felt I had to say something.

Make sure it can handle the extra capacity before you get too far along.

Josh its usually the buyers agent who sends the mutual release when the buyer wants to cancel not the listing agent..

Usually, when it comes to caretaking your money, you will get your best recommendations from other real estate investors.