Quote from @Karen Seguin: Good afternoon, I am currently closing on my first commercial multi-family property and all of the tenants would like to stay and I would like them to stay as well.

Quote from @Garrett Kroll: Our property management business recently reached 1,000 total reviews across our 18-property portfolio, and we’ve been fortunate enough to maintain a 4.99 average rating across all OTAs.I wanted to share some strategies we focused on that helped us reach this milestone.

when underwriting a property a good rule of thumb would be to set aside ~5% gross income for each Cap Ex, maintenance, and vacancy. (15% total)I dont know much of the market in TX but in central MA i work with a lot of investors that are interested in acquiring multi family properties so that's mostly what i deal in. 

I’m aware that the process of getting a conventional or a FHA loan is a bit more strenuous as a 1099 and wanted to know the best course of action I should take as I’m trying to purchase a small fixer upper multi-family investment property hopefully by 2026.

This first season is for you to gain hospitality and property management experience and reviews.

I find it much more useful when you have multiple properties.  

., Id love to work up to being able to afford a property to house hack one day but it is not in the cards right now.

My main focus right now is finding my next property.

I saw an opportunity to position the property as a long-term rental for workers or residents relocating to be near the casino.

Not only did he gain valuable insights, but he also connected with a mentor who helped him snag his first investment property in Phoenix.So, I'd say jump in now rather than later.