Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

They switched to a PM company I recommended, and within two months, they’d evicted the tenant, restored the unit, and leased it to a far more reliable renter.

There is a lot of inventory in Jersey City, so compared to the rest of the state, there are opportunities there for good STR operators.

For your $2M property, a cost segregation study estimates $316K in first-year depreciation (compared to $28K with standard straight-line), potentially saving ~$117K in taxes at a 37% rate.

By staying true to honesty and integrity, we can ensure that private money lending remains a powerful and reliable resource for real estate investors.

No, they are not 100% passive, but NOTHING you do in a REIT, stocks, Bitcoin, or MLM can come close to comparing. 

We then use this to compare actuals to throughout the year and normally do a reforecast at the end of Q1 as thing evolve and change. 

The biggest difference is having the patience to wait until what feels like the last minute to book folks compared to LTRs.

The outcome was great.. they secured a mid-century home with a rental unit that offered both a comfortable living space and a reliable income stream.On a personal note, a friend of mine made a bold move and purchased in a slightly less popular area.