Timing wise as well, though the good STR properties haven’t seen much if any decline in prices have seen a decrease in competition to buy.

Other wise, they are not providing you with any value.

Thank your lucky stars that you came across BP to find the truth because Morris white-washes his online presence.Here are links to the Holton-Wise documentary as well as a follow up video: DocumentaryFollow up Best of luck out there...

@Brendon Wise I think it really depends on what services you need/want.

Your takes on property management on BP are some of the finest I've read--wise, clear, efficient, professional, timeless--and thus excellent guidance for investors at every stage.On this issue however, I believe MTR is a long-standing, if unnamed, niche within LTR.

Key Principles:Mindset and Goals:Think Long-Term: Real estate is a long term play in most cases Set Clear Goals: Define your financial goals and how real estate fits into your overall plan.Finding the Right Property:Location, Location, Location: Invest in areas with strong economic fundamentals, good schools, and low crime rates.Cash Flow is King: Look for properties that generate positive cash flow (rental income exceeds expenses).Consider Appreciation: While cash flow is primary, also consider properties in areas with potential for long-term appreciation.Financing:Get Pre-Approved: Get pre-approved for a mortgage before you start looking at properties.Leverage Wisely: Use leverage (debt) to your advantage, but don't overextend yourself.Consider Creative Financing: Explore options like seller financing or partnerships.Building Your Team:Real Estate Agent: Find an experienced agent who specializes in investment properties.Property Manager: Consider hiring a property manager to handle day-to-day operations.Accountant: An accountant can help you with tax planning and financial management.Attorney: Consult an attorney for legal advice and contract reviews.Managing Your Investment:Maintain the Property: Keep your property in good condition to attract and retain quality tenants.Screen Tenants Carefully: Conduct thorough background checks on potential tenants.Review Your Finances Regularly: Track your income and expenses and make adjustments as needed.Example Action Steps:Set Your Goals: Define your financial goals and how real estate will help you achieve them.Educate Yourself: Read books and articles about real estate investing.

Indiana ( northwest) has been doing great rent wise and from what i hear, much more landlord friendly than Illinois:Any questions would be happy to help.

You can use Quickbook or Xero to maintain deal wise expenses and cashflow.

@James Wise, @Vadim F.

As for Portland its downtown while business wise has been really hurt.. and its started with theBLM riots ( or should i say peaceful protest) that and those nice Antifa folks fire bombing things destroyed many many business's the inner city real estate is nothing like back east. but they have got to get a handle on the homeless..