I’ve spent less than 150k total out of pocket investing in RE in the last 9 years and have been buying “base hits” in Dallas and Arkansas and now have 29 SFR.

@Aaron Zimmerman Good point about structure set up and determining cost bases.

Run your numbers based on youre required return given what youre likely to have to spend and the amount of headache, risk, and work you have to do.

They need to be high traffic areas in "trendy" parts of the city, or the alternative is what this forum is discussing being near Cleveland Clinic where travel nurses can be a large part of your tenant base.

Finding an investor-friendly agent is key and they should be able to help you with 1-4, I'd say talking about those questions you asked would be the perfect thing to ask any potential agents you interview! 

The information provided is for general knowledge based on my experience and should not be considered tax or legal advice.

Does anyone here have any idea (based on data), if the home prices will be going up or down in 2025?

Do you have a specific revenue target in mind for hiring, or are you basing it more on workload?  

To be honest in today’s market I’m not seeing nearly the amount of wiggle room in renegotiating a price based on repairs.

Louis, Missouri-based property manager seeking investors and opportunities to property Tenant screening, lease negotiation, property maintenance, rent collection.