Our strongest case is that our bank appraisal says it should be much lower.

My wife and I purchased our first home, a multi family, to house hack in late 2024.

Investing institutionally on behalf of our fund investors sparked my desire to pursue my own investments and create wealth independently.For my first property, I plan to use the BRRRR strategy, likely with the help of a hard money lender.

So we have all Bassett and La-Z-Boy furniture in our lake house and it has been great.

And I walked them into the courthouse to record personally.Now to be fair we were a top client of Chicago title at the time and As long as we came into title they would insure our exit based on our purchase as we were well known to them and I gave them a ton of other business.

People in this camp feel it doesn't make sense to buy a SFR or small MFR in markets like ours because it is more of a liability than an asset.- Others believe that investing in areas with high appreciation is sort of like putting $ into a retirement or a high-interest savings account.

Our market picks up in March.

After watching my wife, son and I build our 8locations over the last 7 years, he finally got the itch and saidhey, help me get started.Already posted theprocess he went through on another post developing the location.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

I am also a local Realtor for an amazing investor focused realty team that helps our investors from start to finish and beyond with their investment properties.