How do I find or attract a partner for rental properties?

Part of the reason I'm attracted to Huntsville is the thriving aerospace, defense, and technology sectors and all the new developments such as Toyota's manufacturing plant, Blue Origin investments, and Facebook's Data Center for example. 

Partnering with Jason Baker provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

They undergo regular training and stay updated with industry trends, laws, and best practices, ensuring high-quality service.Access to ResourcesNARPM provides its members with educational programs, legal updates, and networking opportunities, enabling property managers to handle any situation effectively and offer informed advice.Efficient Tenant ManagementNARPM property managers excel in tenant relations, from screening and lease agreements to conflict resolution and evictions, ensuring stable rental income and minimized vacancies.Legal ComplianceNARPM property managers are knowledgeable about landlord-tenant laws and regulations, ensuring compliance and protecting you from legal issues.Maintenance and RepairsNARPM managers have reliable contractor relationships, ensuring timely and cost-effective maintenance and repairs, along with regular property inspections.Time and Stress ManagementBy hiring a NARPM member, you delegate daily management tasks to a professional, saving time and reducing stress.Financial ManagementNARPM property managers handle rent collection, accounting, and financial reporting, providing detailed and accurate financial statements for informed decision-making.Marketing and Leasing ExpertiseNARPM managers use proven marketing techniques and platforms to attract and retain tenants, ensuring quick rentals at optimal rates.ConclusionChoosing a property manager is crucial for any landlord.

Hi Daniel,What I mean by "bad reputation comes from OOS investors wanting $20k D market properties":This comes from when you hear people talking (including people on the BP podcast sometimes) and they talk about "Detroit" they might say "that's a bad market to invest in" "tenants don't pay" etc...That bad reputation comes largely from inexperienced (often times OOS) investors being attracted to the number of houses for < $50k.

To answer your question, the attractive portion is their willingness to pay up to one year of the rent up front and additional security deposit to address any concerns about the dog.

The whole situation seems strange since the owner let all three get this delinquent - and managed to place three non-paying tenants.If we're talking about the same one, it's price now is starting to get more attractive for a triplex in that area, even with the need to evict (of course that assumes the condition of the property itself isn't terrible).It will take time and money to get them out or get them to at least start paying again, but usually you get "deals" by agreeing to take on situations like this one.Personally, I'd advise a first time investor client against getting started with one like this and saving that for a few deals down the road.

Start Small: Given your current savings, start with a smaller duplex or triplex to minimize risk.Leverage Your Skills: Your design skills can add significant value to rehab projects, making the properties more attractive to renters.Stay Disciplined: Stick to a strict budget and timeline for your rehabs to control costs and maximize returns.Build a Cushion: Always have a reserve fund for unexpected expenses during rehab and rental periods.By combining your hustle, strategic planning, and leveraging your existing network and knowledge, you can successfully transition into real estate investing and achieve financial freedom.Best of luck, and feel free to reach out with any questions!

One of my properties the city condemned it and had the lady removed before I bought it, and it was so full of roaches they had to tent the entire house and cut away the bottom third of drywall from rot and mold. 

North Carolina is one of the markets I'm particularly interested in, given its strong economic growth and attractive rental market. would greatly appreciate the opportunity to connect with you and discuss potential collaboration or investment opportunities.If you're open to the idea, I would love to schedule a call or virtual meeting to introduce myself, share my investment goals, and learn more about your experience and insights in the North Carolina market.Please let me know if you're interested in connecting, and we can find a time that works best for both of us.Thank you for considering my request.