This could involve hiring local property managers to handle day-to-day operations.4.

I ran the numbers for any investment below 250k and for the 3 year hold period after 1% annual management fee and 1.25% startup fee, and the profit split, comes to 10% compounded return or an 11.2% avg annual return on a 1.33 EQM on 3 years.

I have flipped two houses with my wife, and I have read virtually every book on the Bigger Pockets bookstore (see attached image).

In these initial stages, focus on building your core4 of agent/deal finder, lender, property manager, and contractor for the market.

New supply and rising expenses are probably even more impactful.Florida has some of the most new construction going on in the country, and is seeing rapid increases in insurance costs.

My credit isn’t the best and I would not qualify for doing so looking to invest in Milwaukee or the Midwest area Would prefer to buy a hold, but would be interested in house flipping. 

Also have your financials ready.I know a wonderful agent who is STR savvy in that area, DM me and I will set you up with her.Good luck!

Hey All, My name is Austin L Smith and I am a CPA offering bookkeeping to landlords, STR managers, and other Real Estate professionals.

My partners and I recently acquired a mixed-use property, and we’re facing a challenge with one of our commercial tenants.

We ran title and there was recently a $20k lien filed by a property manager.