Hello BP Community and Property Managers,I'm planning to take over as property manager on one of my rentals and I'm looking for input for a smooth transition.

We sold, again management issues and we were out of state.

But am wondering if there is already a quality reservoir of information out there that folks are familiar with.Hi Arjun, I am from Colombia, and I have invested in real state over there, however I have lived the last 6 years in Spain, I exactly arrived when the economic recession started :/ However, living in the South of Spain (La costa del Sol , Andalusia) and observing how the prices have tragically decreased through the years I have finally decided to get into the business here,..

I, and likely most people on here, would recommend finding a mentor in your area that has sor hands on experience with REI or property management.

Manageable Renovations: The $25,000 needed for repairs was a reasonable investment to enhance the property's value.

Eager real estate invester

I frustratingly see so many deal offers, particularly in Multi-Family space, where GP/sponsor is putting nothing or next to nothing into the equity portion and is collecting 2-3% acquisition fee/ 0.5-1% loan origination fee/ 1.5% yearly asset management fee/ 1-2% disposition fee and then 50/50 splits to 60/40 splits over fairly modest hurdle rates of like 14-15%, and it seems this latter structure incentivizes GP to take more risks particularly with debt options.

Greetings BiggerPockets community,My name is Tyson Schuetze and I am a 20-year SFR professional investor and manager.

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