.- Market Knowledge: Local real estate companies like RE/MAX Select, with their 18 full-time agents, indicate a strong local real estate community that could provide valuable market insights.In conclusion, Shelby's real estate market shows potential for investment, particularly given its price growth and strategic location.

I'd focus on getting a better property manager, their job is to shield you from most of these headaches and to prevent them in the first place through tenant selection and doing regular property inspections.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

If a tenant comes in to pay multiple charges with one payment, my office manager has to get out the pen and pad to figure and place individual payments instead of something similar to Quickbooks where you enter an amount paid and select which invoices you want it to apply to. 3.

Cap Rate is vital for evaluating the potential return on investment and comparing different properties.Understanding both metrics allows an investor to make informed decisions about financing, property selection, and investment strategy.

I used Turbotax, when I selected correct boxes, it calculated by itself. 

You, being experienced in residential as a landlord, understand that his major problem is that he is not selective in choosing tenants merely doing a very superficial background check and basically jumping at the first person to apply.

There is much more nuance to investing than just HELOC vs cashout and I think investors miss a lot of the finer details and often select the wrong tool for their objectives. 

I have already selected and contacted a 1031 accommodator company.  

The Qualified Intermediary that you select to support the Exchange is important and price is just one of the factors to consider.Happy to make an unbiased recommendation if you’re looking for more options.