Remember, the right property manager is a gateway to industry insights and local networking opportunities, much like the valuable connections you're making here on Bigger Pockets.Wishing you success as you embark on this exciting journey.

So you cannot just look at industry Cap rates alone unless you understand an operators abilities for higher yield on costs.BAM Capital is becoming an institutional investment company in multi-family Real Estate with Brokers.

Industry professionals are biased towards what makes them the most money, understandably, because why else are they in this business but to make money? 

Look for sponsors that have been in the real estate industry thru several economic and market cycles.

There are other ways to be part of the real estate industry besides being an investor and those may be more financially advantageous for you. 

I listened to all the previous hearings and the general sentiment was acknowledging that STRs are critical to the area's massive tourism industry and just banning them is not wise for the local economy.

We did quite well in the Timber game in the 90s Owned many thousands of acres of Timberland during that time its a great industry one of the favorite things I ever did beat the heck out of rental houses LOL

In fact, Flagstaff is affectionately called “poverty with a view” because it’s expensive and super pretty but the main industries are basically just NAU and tourism.

Both virtually and in-person.This will help you learn the industry and the market.

At BPCON2025, you'll learn from industry leaders, connect with like-minded investors, and discover pathways to financial freedom.