Thu Pham
Best practices consulting with a PM/Co-Host when I don't have a property yet
3 December 2024 | 2 replies
They’ll help you identify properties with strong rental potential, offer access to a network of contractors and inspectors, and negotiate a deal that works for your goals.
Mic Salvador
New Here :)
30 November 2024 | 16 replies
This gives you the benefits of ownership without the hassles of “landlording” or playing general contractor—in my opinion, it’s a more feasible arrangement if you’re looking to live in one state and own in another.The initial outlay can be pretty reasonable as well.
Thomas Azoury
Convert garage w tenants
2 December 2024 | 17 replies
Ive done all my research (plans, permits, contractors, etc) and feel like it's a no brainer and a fairly streamlined approval process in my area.
Marc Shin
Visiting my STR property for the first time ever... What should I be sure to do?
1 December 2024 | 15 replies
You can certainly ask the agent who helped you purchase the property for advice too ;)Since you are using a PM to run things, I don't see any need to meet anyone except your PM and the contractor/handyman you plan on using for repairs/updates.
Golan Corshidi
First Cleveland Investment: Triplex showing 45% COC return. Am I missing anything?
22 November 2024 | 4 replies
Unit 3: $800 + utilities Total: $2,825Expenses:PITI: $980General Maintenance: $50/monthMaintenance Reserve: $143/month Other Fees (admin stuff like LLC, registration fees, etc): $70/monthTotal: $1,243.Monthly Cash Flow: $1,582Cap Rate: 13.5%Cash on Cash Return: 45%I appreciate any feedback or advice on this deal as I am just starting.
Rich Davis
Advice for building in-house team.
30 November 2024 | 3 replies
If you don't have a virtual assistant yet, I'd recommend getting one to help with things like tenant communications and coordinating contractors.
Sushil Iyer
New(ish) small multifamily investor looking to network and for guidance
2 December 2024 | 19 replies
The team has to consist of a local realtor with experience in the areas, a lender with experience in commercial lending, and a contractor.
Michelle Simoni
Great Flip Markets But Wary
1 December 2024 | 6 replies
From my experience, many investors prefer to stay hands-off and avoid the day-to-day operations—managing contractors, solving unexpected issues, or finding a replacement electrician.
Kathy Diamond
Looking for counties that meet the 1% rule
1 December 2024 | 32 replies
Bay Area, did a local renovation where I was able to do walk throughs with the contractor, and have pretty good control of this property, can check on it multiple times a week.