
18 February 2025 | 4 replies
You want some time to figure out your operations, get experience, and get good management in place before scaling.

16 February 2025 | 1 reply
→ A property manager could do that.📌 Maintenance Issues?

11 February 2025 | 7 replies
Cleveland is a great market if you know how to navigate it and have a good property manager.

19 February 2025 | 17 replies
It provides basically a tenant portal where you can upload copies of the lease, manage electronic payments, even do other things as well like maintenance requests.

15 February 2025 | 6 replies
It's best to have a property manager involved because they usually know the rules etc.

21 February 2025 | 13 replies
STRs can bring in higher revenue but require more turnover, guest management, and keeping up with regulations.

18 February 2025 | 15 replies
I’d recommend starting by connecting with local investor groups and networking with other professionals in the area.Also, seek out teams that are actively investing and managing properties on the ground.

22 February 2025 | 6 replies
My RE investment strategy is BRRRR for multifamily units paired with Section 8.If you are contractor, property manager, real estate agent or anyone knowledgeable about Section 8 feel free to message me or refer me to anyone you know.

15 February 2025 | 1 reply
You have tax benefits through depreciation and you are gaining experience via property management.

15 February 2025 | 2 replies
I highly recommend you study this, practice it, and apply it.https://www.biggerpockets.com/blog/rental-property-cash-flow...Property Details:Type: Single-family homePurchase Price: $289,900Down Payment: 20% ($57,980)Loan Amount: $231,920Interest Rate: 6.85%Loan Term: 30 yearsMonthly Mortgage Payment:Using a mortgage calculator, your principal and interest will cost $1,515 per monthRental Income:Average Rent for Single-Family Home: $2,171 per monthOperating Expenses:Property Taxes: $300 per monthInsurance: $100 per monthMaintenance and Repairs: Budgeting 5% of rental income ($109 per month)Vacancy Rate: Assuming 5% vacancy ($109 per month)Property Management Fees: If outsourced, typically 10% of rental income ($217 per month)Total Monthly Expenses:Operating Expenses: $835Mortgage Payment: $1,515Total Expenses: $2,350Net Monthly Cash Flow:Rental Income: $2,171Total Expenses: $2,350Net Cash Flow: -$179 per monthConclusion:In this scenario, the rental income of $2,171 per month does not fully cover the total monthly expenses of $2,350, resulting in a negative cash flow of $179.