Are you currently self-managing or do you have a management company?

Until then, I'll be trying to absorb everything I can to fine tune my approach and prepare for managing REI business post-acquisition.

I do property management only that saves 10% and can be done while managing a W2 job.  

The place where you can add value with no money is a situation like: you find project A, it is a 120k purchase and it should need 80k rehab but you can get rehab done for 65k cause you can do some of the work and you know how to save on materials and you can manage the rehab. 

After 6 months I have two properties and since day 1 they have been rented.However, making some numbers and organizing the 2025 budget I am not sure what to think about my first step on this journey.The rent covers the mortgages (10 year loan both) however I have to take out of my pocket some % to cover HOA and management fee.

We manage STR, reach out to me and I will give you Shannon’s contact info.

First things first, when assessing property managers, it is crucial to prioritize their ability to collect rent and manage delinquencies.

If the negative cash flow is manageable and the appreciation potential is strong, it could be a smart move.On the other hand, investing out of state allows you to enter more affordable markets with strong, steady returns, helping you to build a diverse portfolio over time.

Has anyone purchased from the Peak Group and used them for property management? 

Sorry to hear your self managing isn't going as planned...finding good tenants is tricky!