Quote from @Rafael Valdor: Quote from @Anthony Therrien-Bernard: Quote from @Rafael Valdor: hi fellow investors,I want to rent out my townhouse in Calgary, but haven't had much luck with it on Rentfaster and Zillow.Just a couple of tire kickers so far.I reached out to a few Realtors (just for tenant placement) and got crickets...So I'm going to reach out to PM's next, but I was reluctant to do it since all I hear are horror stories.Any suggestions for half decent PM's or realtors who specialize in residential leasing?

I have 10 years of experience in retail real estate and a couple of partners who are interested in investing with me.

I’m Keagan, a realtor and investor based in Indianapolis, and I’ve worked with several clients on value-add multifamily deals and have done a couple myself.For finding off-market opportunities, I’d recommend:County Tax Delinquent Lists – Great for uncovering distressed properties.Direct Mail Campaigns – Target out-of-state owners.Local Networking Events – Connect with wholesalers who specialize in multifamily.I’d be happy to introduce you to lenders and share leads if Indy is on your radar.

If you have a network of a couple consistent buyers, that's all you'll ever need.

I have a client in Kansas City, MO that had to make the EXACT same decision a couple of years ago.

So every couple of years we get to the point where we can’t accept the PM company’s performance and we have to look for a new PM and hope we find a unicorn. 

A couple of days?

When you own a couple of units, the odds of there being unexpected vacancies that overlap each other are usually low, but when you acquire more and more real estate, the odds of tenants moving out around similar times increases. 

Assume a couple of months of vacancy, consider potential unexpected repairs (like HVAC or plumbing issues), and test the numbers with rents dropping by 10-15%.

I have a couple STR investors do this here in the winter months depending on the events coming to town