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6 February 2025 | 9 replies
I want to know more about the area and build a team that can help me purchase and manage properties.
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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.
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15 February 2025 | 1 reply
Warning:If you depreciate a property down near zero and then have to sell your property at a loss during a situation of distress...You could end up giving all the proceeds to the bank AND owe the IRS a big chunk of money for recapture.Long-term tax planning with real estate needs to be coupled with risk management and making sure you don't lose any properties.
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5 February 2025 | 7 replies
I’ve been in the industry for several years, and my work has given me a solid understanding of property systems, maintenance, and what makes a home a great investment.I’m now looking to expand my own real estate journey by learning how to acquire and manage short-term and long-term rental properties.
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13 February 2025 | 0 replies
Hello, I'm in the process of purchasing a single-tenant commercial building, and I'm looking for recommendations on property management software.
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24 January 2025 | 36 replies
Do managers that advertise 8% only do 8% when there's a bundle of doors to manage?
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9 February 2025 | 2 replies
Have been talking about getting into real estate investing for the last 2-3 years and finally pulled the trigger on a 3 unit house hack in Soulard that will be closing later this month and will be self-managing the property.I'm trying to network a bit with other investors, build a solid team of contractors / handymen, and set my systems up in way to scale, but also so my tenants have a good experience.
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22 February 2025 | 5 replies
If the property is close enough, you can also forego the property management and handle it yourself in the short term.
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21 February 2025 | 3 replies
Hey Anton, I'm a broker and property manager here in Sacramento with a lot of experience in coliving, we manage about 100 airbnb rentals and some by the room.
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12 February 2025 | 2 replies
Has anyone purchased from the Peak Group and used them for property management?