Rentometer is a pretty reliable tool as well.

I will definitely work on identifying my focus and assembling a reliable team, including a real estate agent, lender, mentor, contractor, and property manager.

The point is to create more damns to cross to get to you and more time, energy and expense of the person suing you.

Hi everyone,I'm wondering if Rentometer is a reliable measure of market rents?

Ultimately, does anyone really ever set out to do real estate as a minor part of their life's ambitions and succeed in it as a side hustle that they spend a carefully limited amount of their time and energy on?

I also use property managers for my properties.Additionally, unless you are an expert on Fair Housing laws you can easily find yourself in violation even when you think you are acting reasonably and find yourself in a lawsuit or under investigation.Finding reliable contractors is an issue and a good property manager should have those relationships saving you time and hopefully money.Navigating non-payment of rent or an eviction can be time consuming and expensive and a good property manager should help you avoid needing to do that with good tenant screening or have the legal resources to deal with it if you have to.You do have to manage the property manager and watch expenses especially for large repairs.

We have also partnered with a reliable general contractor who will be investing in the project and has extensive experience in mid-scale hotel construction.

However, it’s crucial to ensure that the HVAC system is adequate for the space to avoid high energy costs.Flooring: The hardwood flooring adds a high-end touch but will require regular maintenance to prevent scratches and wear.

Im in Massachusetss so I had Mass save (program to help with energy usage paid for by the utility companies) come through to do an energy assessment and identified there is little insulation in the entire building and that there is a lot of knob and tube wiring throughout the property.

That will depend on your time, capital, energy, and skills.