Quote from @Sharad Bagri: We are a few friends from California looking to invest in multi family real estate in Ohio.

@Charmaine Alard why don't you start with comparing the rent you charged your friend vs the rent you could have charged according to Zillow Rent Estimate or Rent-O-Meter.THEN compare that to what a PMC would cost.

We were walking on the beach Panama city in broad daylight with a group of 2 of my friends.

@Fiona Layne-GerminBeginner-friendly strategies for building long-term wealth include house hacking, buy and hold rentals, BRRRR Method, real estate syndicatations, rent-by-the-room strategy, short-term or mid-term rentals, and partnering with experienced investors.

It's important to understand the difference, and I'd recommend sticking with the REIT with depreciation advantages.The Tax Cut and Jobs Act (TCJA) includes a 199A deduction and applies to certain income from pass-through entities (including REIT dividends) and allows individuals to take the 20% deduction against REIT dividend distributions that yields an effective tax rate of 29.6% or 37% (80% for upper bracket filers).

I also feel like it is pretty beginner friendly in the sense that no cashflow or even slightly negative cashflow still provides opportunity through equity gain.

The individual proves their identity before receiving a code.I still do in-person showings as much as possible, but unattended showings are great for after-hours, weekends, or holidays.

thank  you Laura -I do feel good about the compensation as they have been our only boots on the ground as we just can’t use “ friends” anymore ..I also found out that the $500 monthly fee is lifted once the place is rented and she goes to a much lower rate / hourly when things arise .I just thought it was a unique price structure and have never heard of things executed as such before .Thanks again for your reply-Christian

Our guests have ranged from newly hired UNR football coaches relocating their families to individuals traveling for medical care, couples on ski leases for Mt.

@Karl Kauper Sadly MA is a very tenant friendly state.