We’re looking to install a property management firm within the organization as a way to generate steady income and keep operations running.

I’m specifically interested in properties on the north side of the city in quaint areas along the lakefront time frame is to purchase within the next 12 months.What is your budget?

Drop your thoughts, recommendations, or experiences in the comments.Looking forward to hearing from you all!

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They are highly recommended by two investors in the PGH area.

Spending more than 100 hours and more than anyone else, or substantially all the time in the business.So if you own an STR and meet the test, you can set up a tax deduction machine.Some issues -- You have to count your time, and the time other people work in the biz (cleaning, maintenance, etc..)- If use the property more than 15 days or 10% of the time it becomes a residenceI suspect this is part of why the STR trend has picked up so greatly amongst professionals working in tech.

It’s a popular way for new investors to dip their toes into real estate because it allows you to generate rental income while reducing or even eliminating your monthly mortgage payment.While house hacking can be done with single-family homes (by renting out rooms), multifamily properties, such as duplexes, triplexes, and fourplexes, take the concept to the next level.

The tenant has not been the greatest, one example being late on paying with not always paying the late fees.

Overall it's been a great experience but you have to have the right house in the right location.I wouldn't do it with the average Detroit house.Lol I'm sure you're making money bro.

Networking Tips: How can I leverage industry events, meetups, and online communities to build relationships with potential investors?