Hi NYC neighbors and out of area investors: I'm wanting to know how many of you have chosen to use a hired manager for your long term hold rentals.  

Understanding of Investment Strategies: An investor-friendly agent understands various investment strategies, whether it's flipping, buy-and-hold, BRRRR (Buy, Rehab, Rent, Refinance, Repeat), or others.

Are they repeat clients? 

"The bidding starts at <60% FMV>"4) After you get some bids on Sunday and the open house is over, you start going through the bidder list and calling everyone bu the highest bidder offering them to outbid the highest bidder.5) You repeat step #4 until you bid up the price as high as you can.6) Meet with highest bidder and take a non-refundable deposit (specify this as a "condition" of the bid auction). 7) Close.The idea here is if the highest bidder flakes out, you still have a list of other bidders, everyone just $500 or so lower than the highest bidder.

Investment Info:Other buy & hold investment.

I will be doing this repeatedly to build my list of investment properties.

Sometimes ya gotta' know when to hold 'em and know when to fold 'em.Which taxing agency is holding the lien?

It effects every aspect of the property and performance- the type of loans and insurance you need will change if you don't hold the property in your personal name. 

But between now and then he has to manage to hold onto the property.  

With increased rental holdings and flips comes increased fees.