I think both need a great deal of people skills being able to deal with multiple different people with multiple different desires in the transaction and being able to balance all of that is hard work in of itself.

I also seeing people selling boarding houses in Cleveland from time to time where they're renting out for $2500-$3000 so I think it's definitely a viable model, but like people are saying, you really need a strong property manager to make it all work.Feel free to reach out to me if you want to talk more about management services for something like this. 

Also, I've seen several property management companies in the area do a $75+ water / sewer surcharge per month, depending on how many people are living at the property, it can go up $25 or so. 

Yes, there are a lot of people who spend less than they make and have a surplus.There are others who are inheriting wealth from othersBut there is another subset that we often forget: those who have equity in their homes.Much of the equity has built up due to a runup in home values since 2020, which allows these people to use a HELOC to purchase a home for cash.When rates were low there was a group of people who were using Hard money to purchase and rehab buildings and then refinancing at the end this was the BRRR strategy.Hard Money is not an option these days since the cost of refinancing at the end of the project is too expensive.So when we see people paying cash, it is often pent-up savings and HELOC money that people use, and not as often Hard Money.

QOFs can make investments in a wide variety of real estate and new or existing businesses, including commercial real estate, housing, infrastructure, and start-up businesses.

The September fed meeting is not go to move the needle as much as people think because the markets have already priced in the rate cut.

There also seemed to be a lot more room to renegotiate management or purchase contracts versus residential where people tend to tell you things are set in stone. 

More and more people who would have purchased a few years ago. 

Hi all I am new to Bigger Pockets, although I have been a landlord since 2013 I am starting to treat this as a business instead of a side hustle.

I had 2 STRs during Covid and they were both slammed with people wanting to get out of the big cities with the hordes of people, and away from all the mask regulations, restaurant closures and all that.