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7 February 2025 | 4 replies
I have seen all sides of this equation, self managing my own properties locally, but moved with the Navy 1000 miles away and managed the same rentals from afar, and had friends here in Memphis that had 18 properties and had them all with PMs with varying levels of success, some bad and some great.Self-managing brings about an additional level of responsibility that most of the time is fine, but that is not what you hire a PM for.
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25 January 2025 | 6 replies
Leverage equity, explore house hacking, and continue learning through books, podcasts, and local networking to refine your strategy.
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6 February 2025 | 12 replies
I’ll also connect with locals through BiggerPockets or Facebook groups for first-hand insights.If visiting isn’t an option, lean on a reliable local team (agents, property managers) to help vet the area.
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3 February 2025 | 4 replies
I would love to connect with local investors around the area and discuss real estate.
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23 January 2025 | 8 replies
You'll typically need to set up your account and get familiar with the process of working with the local housing authority.
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26 January 2025 | 10 replies
If you are an agent and local you should be able to scout the areas.
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3 February 2025 | 8 replies
local PM and happy to help with connecting you with agents, contractors, lender etc. and running analysis on investment property.
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3 February 2025 | 4 replies
We've invested around $50,000 in improvements (central air and hardscaping) and our mortgage is a 30-year fixed at 2.5%, with a PITI of $2400.We think it could rent for $3,750 - $4,000 per month based on local comps.
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7 February 2025 | 3 replies
@Jillian Alonge fellow local here in Miami.
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7 February 2025 | 0 replies
Staying ahead of the game by understanding how local regulations align with state bills like SB-9, SB-684, and SB-423 can open doors to exciting development projects.SB-9: Simplifying Lot Splits and Duplex BuildsSB-9 streamlines the process for lot splits and duplex construction, offering a straightforward way to increase property value and expand housing options.SB-684: More Flexibility for Smaller ProjectsFor urban lots under 5 acres, SB-684 makes it easier to pursue smaller housing developments, transforming overlooked properties and vacant lots into productive investments.SB-423: Faster Approvals, Fewer HeadachesNo one likes endless waiting.