First with a metro market you need to check the regulations and then also run your numbers and make sure it's profitable.

Just to be clearer, I don't mean the method that tenants set up the autopay or Zelle in his bank account, but some method, app or digital platform, that debits the payment from tenant’s bank account at some specific date of each month, and It sends it to my bank account.

You can also download a lease specific to your state through Zillow.

Figure out your investment style first and then you can ask more specific questions on different ways to achieve that goal.

Of course what he’s doing is creating a book of private “listings”, tying them up at a specific price for 90 days, and only closing if he can flip the contract for a higher price to an end buyer.

@John Underwood are you using excel with specific formulas?

For recommendations on mortgage brokers or banks, feel free to send me a private message with any specific questions you have.

The industry standard is around 60-70%.

I am based in Greater Philadelphia region and worked on a deal the owner sold 75K sq ft self storage and kept 20K sq ft of contractor specific self storage.

I have looked away from condos because many of theses condos HOA fees are exorbitant, not to mention HOA rules and regulations when it comes to renting.