![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3182561/small_1739400320-avatar-thomasj384.jpg?twic=v1/output=image&v=2)
12 February 2025 | 5 replies
I learned how to manage rental properties well with this property.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1018302/small_1694681115-avatar-anav15.jpg?twic=v1/output=image&v=2)
4 February 2025 | 6 replies
One challenge to manage is being able to clarify for lenders on those rentals (if you have them) which amount of the premium should be paid for each rental so that they do not include the entire premium into their escrow analysis, inflating your monthly payment on that rental.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3168257/small_1736634523-avatar-linat14.jpg?twic=v1/output=image&v=2)
9 February 2025 | 33 replies
Quote from @Jeff Roth: Hi Lina from Texas-Congratulations on your interest in investing in mid-term rentals and you are wondering how and where to get started.I get this question frequently from investors.Sometimes and investor is looking to keep their property cashflow positive as insurance and taxes have squeezed cashflow by turning units into mid-term or short-term rentals.First off, ideally, the property will cashflow as a long-term rental should something disrupt the mid-term rental model.You will also want to have the property be near where there would be a demand for mid-term rentals (hospitals, universities, research centers).Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.There are property managers that will manage mid-term rentals for you and I always advise my clients to use property managers to keep their investment as passive as possible and for compliance issues related to Fair Housing Laws and local regulations.To Your Success!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3039866/small_1738662579-avatar-xavierp113.jpg?twic=v1/output=image&v=2)
7 February 2025 | 8 replies
You must learn to manage the property well.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2255473/small_1694733468-avatar-adams829.jpg?twic=v1/output=image&v=2)
5 February 2025 | 1 reply
I will be here for 6 months to a year and looking to continue hands on support/experience.I am a construction manager and have a lot of background in contractor management, site scheduling, and quality control.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/396156/small_1626509275-avatar-basits.jpg?twic=v1/output=image&v=2)
30 January 2025 | 7 replies
@Basit Siddiqi Have you considered getting an assistant to manage all of those things rather than a property manager.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3164623/small_1736001103-avatar-gabriellas22.jpg?twic=v1/output=image&v=2)
6 January 2025 | 4 replies
Hey Gabriella, as a property manager and aspiring agent you should have no problem finding a mentor.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2605740/small_1734890235-avatar-zacharyk137.jpg?twic=v1/output=image&v=2)
10 February 2025 | 9 replies
I work with a lot of househackers and they're typically on the 12 month cycle, rinse and repeat.While the proposition of acquiring an investment property outside of your market in a "landlord friendly" state may sound appealing, i would recommend you stay local for now and househack another couple of properties over the next few years until you've got some more time / experience under your belt.you would need a management company to cover your property that is outside of your market which would not only take 8-10% of your gross it would also leave you a bit vulnerable to a property management company that you A.)know nothing about and B.)you won't have the experience or cashflow or proximity to deal with any headaches that may arise.i would recommend staying local and househacking your way along for now and then maybe hire a local property management company initially to work with your current/local properties to get a taste of what to expect if and when you begin investing outside of your market.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2557488/small_1665023885-avatar-marcosd27.jpg?twic=v1/output=image&v=2)
14 February 2025 | 21 replies
I talked to Padsplit and they manage SFHs renting each room to different tenants - the total rent is more than renting it out to one household.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3177402/small_1738345430-avatar-allisonc98.jpg?twic=v1/output=image&v=2)
2 February 2025 | 6 replies
We need to find a good app/website for them to send rent as well, preferably one that has many things built into it, making it more simple to manage things in one place.