prop tax's and insurance are a consideration but other than that stay close to home and move out to a tertiary market that you can drive to.

Tax Considerations: What taxes should I be aware of for property management services, even if the properties are mine?

A broken washing machine probably wouldn't trigger this, but perhaps a refrigerator would.

Always be considerate of seller's time.

Would love to connect, I have a decent relationship with someone in PSL for some off market massive apartment complexes, (and i mean MASSIVE) hotels, and a lot of other gigantic RE deals that i one day hope to be able to look at with actual consideration!

I'm still waiting to pull the trigger on my first property, which will be a 2-4plex where I live in one unit and rent out the others, but my question is (for you or anyone else that may be in the know) is whether this is just for first-time homebuyers or in general?

This is a crucial consideration for managing legal liability and optimizing asset protection but that said consider what you have to lose, if you are under 1M in net worth you are not really a big target.

The success of this endeavor, marked by a considerable monthly cash flow, was a testament to our dedication and the supportive environment we fostered.Looking back, the greatest lesson was understanding the importance of community dynamics and the impact of neighbors on our efforts to create inclusive housing.

I’m making $250/door and have a ton of equity but it was just pointed out to me that actually taking into consideration my whole portfolio I have an incredibly low overall CoC and given the amount of overall equity I have my cash flow is pretty low compared to what I might be able to make were I invested in other things.

Hello,I am still working towards finding my first deal and find myself not confident enough to squeeze the trigger and make an offer.