My partner and I are in negotiation for a 6-unit property in NE Ohio, below are details: 4 rented, 2 vacant / average rent $735 (4 rented units $720, 2 vacant $775)Owner pays water, sewer, trash2 br, 1.5 bath, roughly 900 sfGarage with door + extra parking areaRoof in good shape, air and furnace in good shapeRealistic gross all units filled: monthly $4,400 / yearly $53,000We walked through both vacant units, very clean and basic.

I have read from different people how they advertise their vacation rental condos but I'd appreciate a list or recommendations.  i know about tripadvisor, airbnb and VRBO......any others that you think are good or hav...

Along with this is to make some cash a bit quicker to get more properties going.My long term goal is to have finical stability and freedom.I currently run a local service business and just hired a full time manager, so i have plenty of time to put into this new venture.

What you don't want to do is hire yourself a traditional residential Realtor who is used to driving buyers around looking at homes for their family to live in.

Brian Gerlach Thanks for you advice now since am still a new for multi family units do you think is better to hire a management company or what is you advice on that,Thanks.

But why hire two companies, compare, and then choose the better of the two?

Were starting Virtual assistance for real estate professionals Providing the administrative "brains" for a successful business If you're a contractor investor developer banker etc.... A newbie or veteran .... A sole p...

Of course that PM would hire that contractor but if the price is fair and they give the receipts etc., that you're looking for then it would likely be a win-win.Some areas don't tax labor but I agree with you that the receipts lack backup and you should get it from the PM.

No response, hire a locksmith and change the locks but charge the PM for failing to maintain control of the key.If a tenant refuses to allow access to show a property, I usually let it go.

Warranty companiesThey offer a certain convenience but They can be a headacheThey can have terrible customer service/communicationThey can hire cheap helpAnd they will deny certain claims or just do temporary fixesSo why do people have them?