There are pros and cons with them and you have to be extra careful now because of HOA poor management, etc. 

These can sometimes cover your entire down payment, making it much easier to purchase turnkey properties that you can live for a year and repeat the following year.Each strategy has its benefits, depending on your goals, risk tolerance, and how actively you want to be involved in managing your property.

My name is Caesar, and I’m making the exciting transition from the hustle and bustle of New York to the sunny of Orlando, Florida.Currently serving as a licensed real estate agent and managing a diverse portfolio of commercial properties across the Sunshine State, I’m deeply immersed in the intricacies of the Florida market.As I settle into Orlando, I’m eager to connect with fellow investors, developers, and wholesalers in the area.

Let me know if I should bring you in contact with our specialized mortgage broker who is helping us out in one of our projects.Hey Erwin, have you managed to do some projects in barcelona now? 

Being an OOS investor I would recommend hiring a PM to manage the property.

He has already submitted an application through Zillow, and we have the contact number of his current home manager.Please let me know if it's still a good idea to ask the potential tenant for a recommendation letter from their current landlord, or if calling the manager would suffice.By the way, what should we do if the tenant has simply provided a friend’s number, and the friend pretends to be the landlord or property manager, or if he just make fake letter?

Our plan is to buy the first home in cash, likely $550k-$650k, operate it under management for 3-6 months, then refi to pull out what we feel the property can support for a mortgage so we do not end up upside down. 

I currently have a construction management intership lined up for me during the summer but after that I plan on really taking on this real estate adventure.I plan on house hacking my first property, any advice ? 

To successfully invest in a property for steady income, establish your investment standards, research the market thoroughly, assess your financial preparedness, connect with local agents, property managers, lenders, and other investors, analyze properties carefully, consider various financing choices, do your homework before making an offer, and negotiate and finalize the deal.

I would love to have another side hustle dealing with something in real estate whether it be property management or agent work.Posting into New Member Intros to connect with anyone with similar interests, background, or in my area!