Good morning all....Your thoughts on sending surveys to your owners (landlords) and to your tenants asking how you are doing as their property manager?

Our first investment property was affected by theDecember 2023 tornado outside of the Nashville area.

I am looking to buy another property and I have the opportunity to work with a cash provider that is willing to put down a significant percentage of the money so we can buy the property with cash.

Should I sell off a rental property or two and pay for new construction in cash?

My personal account was just for talking about beings a landlord, investing in property, and being an agent in Chicago, so nothing remotly close to inappropriate. 

Annual property tax on it if you are a resident (and its your primary house) is $960.

I have a nice hi-rise condo unit and I get tons of companies asking if I do MTRs for Visiting Nurses, Tech Professionals, etc.My place is positioned near a number of large DC Metro Hospitals, but since covid work-from-home and recent lift of Eviction Moritorium, I have had few people with jobs, but a ton of people recently evicted looking to rent my place.The one viable group - visiting nurses has been excluded because my HOA will not allow short or mid-term rentals (anything less than one year is a No-No).They claim too many transient tenants cause excessive wear and tear on the property and too many people using resources like the gym, or pool or common areas.I think that's a lot of horse waste!

Not securing the property.

Your experience in flipping will likely give you an edge in finding and evaluating properties for BRRR as well.If you ever need insights on financing to scale up or any advice as you transition into long-term holds, feel free to reach out.

Those that are locking in new mid term properties - are you cash flowing?