While the BRRRR strategy is effective, it requires experience in renovation, property management and market analysis.

Hi all, I was wondering as a commercial property owner how to effectively challenge or reduce property tax hikes?

Obviously, we need to maximize our tax effectiveness in the situation and the monthly is going to be huge, especially if we can’t get the rents to cover the mortgage.

There have been other sponsors that have sounded interesting to me, but I usually listen while I'm driving or running and can't easily stop and write down the name of the sponsor, seems like it would be more effective advertising to list them in the show notes, or to have one page where BP lists all the podcast sponsors so you can go back to get more information.

That way on a 75-80% cashout you can recoup your cost, and possibly add additional cash to your operating account, to scale your progress toward building a portfolio.It's not going to happen overnight but with consistent investments, each additional property should add equity, cash, and monthly cash flow to your portfolio, causing a compounding effect to allow you to scale.Let me know if you have any further questions, but this seems like a great place for you to start.

By acquiring multifamily properties at favorable cap rates and leveraging growth projections, investors can secure attractive returns over the long term.While multifamily real estate may be facing tough times in the short term, there are promising opportunities on the horizon for investors who can navigate the challenges effectively.

I know hands on experience is much more effective than reading about it or listening to it.I'm still not exactly sure what niche I'd like to work in the most. 

In my opinion, inspections are essential for effective property management.

I assume that it may also be cost effective to go with a builders templated design as the design docs have been completed and approved by city?

Also, they can help you understand the legal and administrative landscape, especially concerning Ohio’s property laws and rental regulations, which will be crucial in managing your properties effectively.