A lot of times it is pulling value from thin air.

Behind referral on on-line sources like Next door, Google review, FB marketplace, etc.  

Unfortunately, Covid decided to change my plans, and I made the decision to hold off, in hindsight it was a huge mistake and no one could have imagined that property values could have increased at such a high rate.

I remember years ago our attorney reviewing one such issue for a client that was coming over to us. 

The world values your money at 3 or 4% with no risk. 8 or 10% with moderate risk.

This can provide additional capital for future investments and get the next one.Or evaluating other loan options:Depending on your long-term plans, you could explore conventional loans or portfolio loans that might offer more favorable rates or terms with the new appraisal value factored in.Your decision depends on your broader strategy.

Review their management agreement.

You can also do value add STR & Multi-Family Rentals by starting with distressed properties and using a bridge loan to acquire them with a lower down payment compared to a DSCR loan.Networking – Connect with local investors, wholesalers, and realtors in your target markets.

Just be clear in your messaging so clients understand which service they’re looking at.Most importantly, focus on filling vacancies and solving landlord problems—when you do that, they’ll naturally see the value in hiring you for full management.Hope that helps!

.- Potential for quick profits - Enhances property value - - Adaptable to market trendsCons.- High risk - Time-intensive - Requires substantial capitalBRRRR:Pros.- Builds long-term wealth - Generates rental income - Increases equityCons.- Complex process - Requires financing - Dependent on market conditionsAirbnb:Pros.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.