Hey all, I just picked up a four plex in the mid-del area (just outside of OKC). I inherited a property management company but just wondering what others are paying for similar services. I was budgeting for 10% per un...

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Duck Creek Village.

Purchase price: $190,000

Cash invested: $34,000

Triplex, ranch style.

@Jaycee Greene this is in Kansas City.

Some cities you need to register.

Make sure the property has street appeal.

For example, if local regulations require energy-efficient upgrades, prioritize these changes to avoid fines and demonstrate your commitment to sustainable practices.Case Study: In 2020, many cities introduced rent control measures.

You can list all the reasons why you charge $250 for a one-time shoveling, but nobody will care when there are other vendors doing the exact same job for $100 or less.I'm in a city of 10,000.

@Madison SloanTo start house hacking, focus on saving for your down payment, researching target markets like Salt Lake City or North Idaho, and building a strong team of professionals, including an agent and lender.

Leverage Local ResourcesEconomic Development Grants: Check with your city or county for grants or incentives aimed at affordable housing or community improvement projects.Local Banks or Credit Unions: They may be more flexible than larger financial institutions, especially if your project aligns with community needs.Partnership with Nonprofits: Collaborate with organizations interested in affordable housing or sustainable living.4.

As with all regions, the Oregon Coasts' counties and cities are tightening their rules (and quantities of allowable vacation rentals) and there are a few adjustments to last year's regulatory landscape.