The whole process was smooth, and the team was professional and efficient.

Which helps a ton when hiring someone to do so themselves.

It's best to review with a good RE attorney, potentially a business attorney, and your tax professional to make sure you're set up to avoid mistakes along the way.Also, discuss the ramifications of how it works with your lender (if there will be one) as not all lenders and loan programs are created equal when dealing with LLC's.

It is a quick synopsis of what to look for based off of my experience both managing properties and talking to other investors which have hired management firms.

Second, general maintenance and repair costs depend on the condition of the house, the age of the house, and who is hired to do the work.  

Also noticed our adjacent neighbors just hired the contractor we hired to do their "yard" :)

@Yang ZengYour situation presents a common dilemma for real estate investors: deciding between investing locally where you might be more familiar with the market but face high property prices, or exploring out-of-state opportunities where properties may be more affordable but come with their own set of challenges.Here are some considerations:Risk Tolerance: Take into account your degree of comfort and risk tolerance while managing properties remotely.Objectives: Specify your investing objectives, including cash flow, appreciation, or a combination of the two.Market study: To fully grasp the development potential, employment opportunities, and rental demand of prospective out-of-state markets, do in-depth market study.Hybrid Strategy: Another option is to choose a hybrid strategy, where you invest in a combination of local properties for stability and simpler management, and you set aside some of your portfolio for out-of-state properties for diversity.Before making a decision, it's essential to consult with real estate professionals, conduct in-depth market research, and possibly network with local investors in the markets you're interested in.Remember, there's no one-size-fits-all answer, and the best strategy depends on your financial goals, risk tolerance, and personal preferences.

Hi everyone,Can someone recommend me a professional that can set up a nice-looking website for my Rea Estate business?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

https://www.dol.wa.gov/professional-licenses/real-estate-bro...