Congrats on your success in acquiring the duplex that now will yield 6.5% cap at current lower rental rates. 94115 is a great zip code to be in.

For example do you have a great w2 and can you afford to cover costs of a major repair or 3 months of vacancy?

If you have any tips, resources, or advice for someone just starting out, I’d greatly appreciate your insights.Some specific things I’m working on right now:Building a strong buyers list.Identifying motivated sellers and honing my outreach.Learning the ins and outs of structuring win-win deals.I’m open to partnering, collaborating, or just grabbing coffee to exchange ideas.

For skip tracing in REI, Prime Tracers is a great option to consider.

This is such great advice!

Verify employment and call previous landlords to avoid tenants with red flags.Rent Setting: Research comparable rentals in your neighborhood to ensure your rent is competitive.Use Technology: RentRedi is a great choice.

With a few tweaks to the management structure, and with new leadership, I figure we can greatly increase the revenue.

You can simply build a relationship with a great Real Estate agent or sign up for Propstream.  

It’s great to see your commitment to real estate!

See managing on the coast is plausible and there are great cleaners and crews on the ground willing to work hard.