
21 May 2024 | 25 replies
We have people who are just exploring MTRs as well as experienced MTR hosts with larger portfolios and years of experience so it's a good mix of levels.

18 May 2024 | 9 replies
I want to explore Section 8 as a RE strategy

18 May 2024 | 2 replies
Let's explore some effective approaches for managing investment properties:With a Property Manager:Screening and Selecting Tenants: Entrust your property manager to handle tenant screening, background checks, and selection, ensuring reliable renters for your investment.Rent Collection: Property managers can ensure timely rent collection and handle any late payments or lease violations professionally.Maintenance and Repairs: Delegate routine maintenance tasks and repairs to your property manager, who can coordinate with contractors and vendors to keep your property in top condition.Tenant Relations: Property managers serve as the primary point of contact for tenants, addressing their concerns and ensuring a positive rental experience.Lease Enforcement and Evictions: Trust your property manager to enforce lease terms and handle the eviction process if necessary, following legal procedures.Financial Management: Property managers can handle financial tasks such as budgeting, accounting, and financial reporting, providing you with regular updates on property performance.Without a Property Manager:Self-Management: Take on the responsibility of managing the property yourself, handling tasks such as advertising vacancies, screening tenants, and collecting rent.Outsourcing Specific Tasks: While not hiring a full-time property manager, consider outsourcing tasks like maintenance and repairs to trusted contractors or service providers.Utilizing Technology: Leverage property management software and online platforms to streamline processes such as rent collection, lease management, and maintenance requests.Establishing Clear Policies: Set clear policies and procedures for tenants regarding rent payments, maintenance requests, and lease terms to minimize conflicts and misunderstandings.Regular Inspections: Conduct regular inspections of the property to identify maintenance issues or lease violations early on and address them promptly.Building Relationships: Maintain open communication and positive relationships with tenants to foster a sense of community and encourage better care of the property.Whether you choose to hire a property manager or manage the property yourself, effective communication, attention to detail, and a proactive approach to property management are key to maximizing returns and maintaining the value of your investment.

18 May 2024 | 14 replies
I am exploring Carbondale IL for multi family Investment and lookin for some feedback.

17 May 2024 | 4 replies
Moving forward we are exploring possibly combing households due to the large size of the property and the difficulty of upkeep but there are several questions/ issues that need to be addressed so it does not put either of us in a compromised position.When her husband died a friend paid off her mortgage due to it going into foreclosure ( 210k total).

19 May 2024 | 24 replies
While your budget may limit options within the city, exploring areas like Decatur, Marietta, or Smyrna could be worthwhile.

15 May 2024 | 2 replies
Hey All,
I'm new to RE investing and jumping straight into multifamily and apartments. My goal is to build a portfolio to hold and maintain for the long-term. I’ve got some tools for finding off-market deals and anal...

19 May 2024 | 20 replies
In addition to Pennsylvania, my thoughts are exploring in the neighboring states—New Jersey, Maryland and Delaware.

19 May 2024 | 17 replies
We were recently exploring the duplex option written in a comment above and honestly didn't see any good deals in St Pete/ Tampa.

17 May 2024 | 6 replies
Here's some guidanceon finding your first deal:- Define Your Criteria- Explore Financing Options: Withyour budget for a down payment, you have several financing options to explore.Conventional loans typically require a 20-25% down payment, while FHA loans forowner-occupied multifamily properties may allow for a lower down payment,around 3.5%.