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9 May 2024 | 13 replies
Welcome Brandon - I have properties here in the wyoming valley.I am a native to the area.Scranton has many hoops to jump as an investor - esp. an out of the area investor.One is you'd have to hire a property manager if you do not live in the city of Scranton or within 20 miles of the city.Real estate taxes are high -that plus the current interest rate and ask prices makes cash flow an issue.You can find "deals" but please do your due diligence.Here is an example of a potential deal I am evaluating in the hill section of the city: 20 y/o, 2000 sq ft. 3b/3bath TH - Needs paint, new carpeting, and general wear and tear repairs after a 4 year tenant.
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10 May 2024 | 19 replies
You can also partner with someone with money to purchase a house, manage for someone, etc.
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9 May 2024 | 2 replies
My goal is to build a passive income portfolio, build equity and appreciation in properties, build a strong management system, and continue investing for financial freedom.
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6 May 2024 | 19 replies
A property manager should not disburse funds at all unless they have the necessary documentation from the out-of-country investor.
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6 May 2024 | 8 replies
As you all know, the landscape within software used for property management is robust.
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9 May 2024 | 6 replies
I am no where near a credited investor yet, but I understand the in's and out's of property management, business deals, transactions, and core understanding of how to find the right deals.
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9 May 2024 | 0 replies
I am an investor, licensed agent and own a property management company.
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9 May 2024 | 19 replies
As someone who manages short-term rentals, I've started using automation to help run things better.
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8 May 2024 | 1 reply
They immediately contacted management to let them know one of the tubs doesn't drain and the water gets warm but not hot.
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6 May 2024 | 1 reply
Hi All,I've owned and self managed a three family off Shrewsbury Street for about 2.5 years now.