Self-Management:Pros: Saves money, offers control, and builds tenant relationships.Cons: Time-consuming, stressful, and needs expertise.Hiring a Property Manager:Pros: Saves time, provides professional expertise, and market insights.Cons: Costs money, less control, and finding a good manager can be tough.What about you?

Hi, thank you for your podcasts and the information you provide, it has really inspired me.

Partnering with Rodney Lomax, who provided valuable local insights, ensured a smooth process, making this deal a strategic choice for Partner Driven.

Additionally, in our state (WA) tenant is responsible for duration of lease until re-rented and the cost to re-rent.

Toggle "Display on Profile" offPlease let me know if you have any additional questions that I can help with!

At 6% interest rates looking at 20%.If I can get those kind of returns on all the properties I buy and keep reinvesting all proceeds it’ll take 15 years providing I’m adding 1000/mo to the pot.

If you have enough funds in an IRA the alternative would be to establish a self-directed IRA, and have the IRA buy the property subject to existing financing (if your sister is willing to do that), you personally can't assume the mortgage b/c you are not allowed to provide a personal guarantee for IRA-owned property and have the IRA pay your sister for the equity.

Hi Geoffrey, there is a tiny chance they will agree to postpone but you need to contact the lender immediately (bank in this case) and provide the evidence that you are a serious buyer (this can include a signed purchase agreement and proof of funds).

They provide great insight every episode

This fee was not part of our conversation/discussion or the estimates that was provided to me while we are going through the closing process.