It would cost me only $2300 per month which includes rent utilities furnishing and property management. she showed me one example only of a customer who profited greatly.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

The local property will give you practical management experience.You might do better buying a REIT if you are planning to buy single properties far from home.

easy to build, rent, refinance repeat. might not be your market. look at the underwriting model. we underwrite every deal not only with fresh comparable but market economics change. land costs go up or down, construction costs go up or down, design modifications improve the property, comp sets can get more favorable or less favorable.

Multifamily properties (2-4 units) can be a great way to build your portfolio while minimizing risk—especially with FHA or conventional low-down-payment options.Also, networking is huge.

Most traditional property managers don’t handle this setup due to challenges like managing tenant disputes, coordinating overlapping move-ins/outs, and the risk of Fair Housing violations when selecting tenants.

I can do title research on my own, I've dealt with property management companies, and I've dealt with all kinds of real estate related litigation (adverse possession, title defects, foreclosures, HOA disputes, evictions, to name a few).

I'm ecstatic to have just secured a fantastic new short-term rental property and I'm eager to collaborate with experts to transform it into a stunning haven.

Plus, if the property is in a desirable location, you may have little trouble finding tenants.However, there are potential cons to be mindful of.

If you're lucky enough to get a free and clear property where the seller is willing to finance, this reduces much of the risk associated with seller-finance.I would make sure the title is then moved over to your name, especially since there is not a risk of a due-on-sale clause being triggered.