To be honest its mostly not for self managers (though I am open to it) - the target is mostly for small PM's looking for help to scale. 

This has always been the case, but the industry is taking strides to make it more fluid.Investor Sellers can choose to pay some or all of the buyer's agent commission (that's not new) but this can no longer be advertised through the local MLS AND this must go through the seller to the agent versus through the listing agent like it did in the past.Investor buyers must be signed with an agent to step foot in listed homes.

The rent growth and appreciation in Williamsburg is attractive but the annual returns will likely be lower.If you decide on NYC, you may want to target househack properties with additional income potential like ADUs, storage and private parking.All the best!

How long will he be employed if he is on podcasts presenting data about how much Airbnb is hurting communities and the housing market.That being said, I think Airbnb, like corporate landlords, are easy targets to blame, even though they certainly add to the problem, but are not the problem.  

If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Hi Yu Jin,Dayton is a step up from Toledo but also comes with a step up in price.The numbers make sense in many Ohio cities.You make money when you buy and not when you sell.So look for off market (We do a lot of direct to seller), negotiate hard, buy with cash and buy quickly.Great deals don't last so you need to know the numbers very well in your target market.I've flipped hundreds of properties in Toledo since 2014 and am glad to say that I know the market like my back pocket.All I need is the address, scope of work and how much I can buy it for.Quick access to AREIS, the MLS to run comps and "ka ching".I know if it's a deal or not.Immerse yourself in the market and become a market expert on the numbers.Nothing comes easy mate and all good things take time.If you are looking to build a rental portfolio in Ohio you have to build a big one.Buying 1 or 2 properties and expecting a significant impact to your bottom line from a net-worth or cashflow standpoint isn't worth the risk IMO.In all sub $100,000 markets, it's important to build a large portfolio as there is a high likelihood that you will have repairs and vacancy on 1 or 2 properties at any given moment.Just my opinion and all the best.

You can target properties that need light rehabs to start.

You may find that rates could be at least a $1000 higher than advertised or more.

Our target purchase is a single unit in a townhome complex.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)