Engage in social networking with other investors, both locally and virtually, and investigate innovative funding alternatives such as VA loans, FHA loans, or other government-supported schemes.

I look forward to engaging in some amazing conversations and hope you all have an amazing day :) 

From securing favorable refinancing options and diversifying investment portfolios to embracing technology and sustainability, we offer actionable advice designed to navigate the uncertain waters of the commercial real estate market in 2024.Technological Advancements and Market Adaptations: Technology plays a pivotal role in today's real estate market.

If you have a rental property, your life is so much easier if you use software designed for that.Stessa is a great option.  

About collecting rent through Zelle, though, there are a few key reasons why it might not be the best fit for you as a landlord or property management firm, especially in the long run:Zelle is Designed for Personal Use: Its features are great for sending money to friends and family, but it lacks the business functionalities that landlords need, like automatic rent tracking and late fees.No Rent-Specific Features: You'll miss out on handy features tailored for landlords, such as payment reminders, lease management, and maintenance requests.Transaction Limits and Dispute Resolution: Zelle has sending limits that could interfere with rent payments, and it doesn't offer the same level of protection and dispute resolution you'd get with services designed for rental transactions.Given these limitations, while Zelle might work for now, as you grow and manage more properties, you'll likely need a more robust solution that's designed with landlords in mind.

https://www.biggerpockets.com/blog/wall-street-is-not-buying...Wall Street is not exactly the easiest group of institutions to defend, in large part because they most certainly do merit an enormous amount of criticism for many of the financial shenanigans they engaged in that helped contribute to the 2008 Financial Crisis, such as being bailed out by taxpayers only to give out exorbitant bonuses to their executives before needing to be bailed out again when COVID struck.

. - if you're renting by the room vs renting the whole unit to a group of friends, have the following written into the leases: designated cabinets, designated fridge space, designated laundry days, overnight guest rule (and what's considered 'overnight'), + large gatherings rule.- remember that you'll be paying all utilities if you rent by the room, so factor that into what you charge for rent, and consider using remotely-controlled nest thermostats so they can't jack the heat up beyond what any normal person would pay for (if you're in a cold area). the same could be said for a home with central air in a warmer climate.- consider baking into the rest biweekly housekeeping, so that you know that the property is being kept up with (prevents pest issues), and you won't have to deal with any quarrels over who's cleaning the common areas more than who.- always have the parents co-sign the lease.- make a manual for them. what would your own kids be calling you about when they first move out on their own?

I would definitely require a long term lease unless it's specifically designated as a mid term.A 5b house can be difficult to keep rented.

Start small and work your way up as you build comfort and confidence in your skills.Although not required, a real estate license can offer beneficial networking and educational possibilities for those who engage in real estate.

The CCIM designation is a big plus but not required.