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14 April 2024 | 16 replies
Based on my research it seems like with a little rehab and managing a short term rental effectively, short term would likely cash flow more in a market like Tampa.
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15 April 2024 | 12 replies
I wanted to self manage, and hence was thinking of focusing on the areas close to where we live.
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15 April 2024 | 5 replies
House hacking will also give you some personal "property management" experience.
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14 April 2024 | 3 replies
Since you appear to live in Brooklyn I assume you will rely on a 3rd party property manager.
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15 April 2024 | 33 replies
Assemble a team of individuals who can split following responsibilities: contribute the earnest deposit money, guarantee the loan, find the deal/conduct the diligence, raise the capital and manage the building.
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14 April 2024 | 10 replies
Learning to manage tenants, property managers, and projects is a whole other set of skills.
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14 April 2024 | 9 replies
Biggest suggestion would be to make sure you are flexible, willing to work with multiple housing programs, and hire a good manager if you are not going to self manage the units.
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17 April 2024 | 34 replies
I got it under contract, she secured private funding and I managed the rehab.
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14 April 2024 | 19 replies
It's a good idea to talk to legal and financial experts about taxes, insurance, liability, rental agreements, and managing your finances.