Property management, monitoring performance, and growth strategies like BRRRR can help scale a portfolio.Good luck!

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

I primarily delt with non- performing 2nds, they prefer performing 1sts, so it's definitely a different animal,  but manageable. 

Hey Amy,you can take a look at the Milken Institute Report to see what are the best-performing cities 2024 in usahttps://milkeninstitute.org/sites/default/files/2024-02/Best...

A properly established plan performs three primary functions: lawsuit deterrence, settlement negotiation leverage and/or placing your assets out of the reach of a legal opponent.You do this by:- Insurance - Using LLC's- Combining them with Trusts- Owning NOTHING personally in your name (the Rich own nothing, but control everything). - Use separate legal tools- DON'T FLAUNT YOUR WEALTHThe main ways clients use their planning are:1.

To answer your other questions- no, you don't perform capital improvements just for the write offs, it's not a 1/1 ratio, you don't get that money all back. 

The process usually goes like this:Rental Listing -> Landlord and Prospective Tenant fill out and submit RTA -> Voucher office performs Affordability Study -> Landlord approves estimated rent amount -> Property Inspection -> Approval of Property by Voucher Office -> Lease & Move-InThe section 8 process in/around Baltimore and Baltimore County does take a long time these days.

I have seen the performance record page got updated with all their defaults and recovery which was not made public before.

Make sure your first property is performing at its peak before you move on to try to expand.

Any additional feedback on their performance would be great.