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31 January 2025 | 12 replies
Quote from @Noah Laker: I'm a local broker and investor, and manage 100+ Airbnb properties for clients.
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2 January 2025 | 0 replies
I currently self-manage three properties in the Atlanta metro area and have learned a ton through trial and error over the years.
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7 February 2025 | 0 replies
After the project managers left, I sat there and just talked about real estate, family and what he has done to amass 60 multifamily units in the Memphis area.
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3 February 2025 | 10 replies
You would have to self-manage though, as paying a property manager will eat up most of your profits.
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4 February 2025 | 18 replies
My basic underwriting making some standard assumptions on HOA expenses, 20% down, 7% interest rate, 30 year mortgage, utilities, supplies, and maintenance costs shows a loss of about $22k per year if you are self managing.
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31 January 2025 | 8 replies
Use a buyer's agent that knows the market, contracts, negotiations, etc.If you really want to learn about investing, get a job in property management.
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27 January 2025 | 9 replies
Meanwhile, I have 10 units management experience.
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7 February 2025 | 7 replies
@Anthony Zotto - By the way you ask the question I assume you're going to self manage the property instead of using a property manager.
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1 February 2025 | 23 replies
I also recommend you start looking for a professional property manager, at least until you educate yourself enough to run this solo.
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23 January 2025 | 10 replies
Talk to property managers and see if they would manage the other units.