I have some flexibility but rely heavily on my team for admin work and the day-to-day operations of property management.

What portfolio allocation do you want between stocks and real estate?

I have a mobile home park in Idaho which will have an onsite property manager.

It's a wholesale deal close to downtown and I want to build a portfolio of duplexes for buy and holds because of the ROI.

Eventually, we transitioned the unit to a long-term rental, ensuring consistent cash flow while retaining the property in our portfolio.

In 2020, 2021, 2022, And even some of 2023 We were closing on the sale of probably 10-20 properties a year from our portfolio and we were buying roughly the same number.

Umbrella insurance provides substantial liability protection at a lower cost and avoids the administrative complexities of managing an LLC.

I’m a real estate investor and the owner of a fairly large property management firm here in Texas.

@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.

I manage my own portfolio and have worked as a PM for a very successful individual but have never considered managing other peoples properties.