I do accept partial payments from both and eventually they have both managed to get caught up.

Hi Derek, I am not sure of other companies where you can passively invest but as for Paramount Management I would stay away. 

Also, learn how to be a landlord and manage well if you are managing yourself before you get too creative.

We have managed to build a solid liquid nest egg, but I'm hesitant to lock the majority of it up in a low LTV mortgage on a really expensive primary residence.

These are self managed through my small STR management company.

(August 4, 2022 )ITMedia Solutions LLC (January 6, 2022 )Moneta Management Inc.

Get knowledge, follow experienced people, and leverage wisely.My Take:If you have two houses, excellent credit, and motivation to build wealth, you can learn to manage your money responsibly.Use HELOC, credit cards, and business credit funding to leverage your cash and buy properties faster.

Unfortunately, people in the trades are often good at their trade but poor at managing their business.

They are there on time reliably, do a good job managing inventory/off site laundry, and generally do a good job cleaning overall.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.