Others follow the 1% rule, calculating annual maintenance costs at 1% of the property value.Property managementHiring a property manager can help to eliminate the stress of residential real estate investing.

In multi-unit buildings, I just have my maintenance team toss this stuff in the basement in maintenance room where we can deal with it later. 

I know them all , happy to help BTW you do not need a PM you need a " maintenance coordinator " Half the price of a PM with the same service 

IF all projections are met and the property is sold after 5 years it will be about a 10% annual return after all capital gains taxes are paid. 

.- Maintenance Coordination: We coordinate maintenance tasks promptly to keep properties in great shape.- Stocking Essentials: We make sure that all necessary items, like toiletries and linens, are available for guests.7.

Net $4,200 annually. 

You, potentially, aren't paying the 10% management fee, and 10-20% markup on all maintenance requests.  

Hi guys, I'm a property manager of a small portfolio of new construction townhomes. All of the homes are brand new with new appliances and we've had a few ice makers stop working right outside of the warranty window i...

Our annual pass is stupid cheap for what we offer.I will say that while we do have a whole lot of sub2 investors that attend these groups, we don't put an emphasis on that strategy.

@Kamryn DeVaultTo invest in a duplex, consider factors like neighborhood quality, economic stability, safety, property condition, cash flow potential, financing options, tenant screening, lease agreements, future potential, legal and zoning considerations, maintenance and management, networking, and starting small and scaling.