Hi Henry,How long have you been managing properties without a property manager?

Hey everyone,I've decided to start investing in real estate to diversify my investments, with a long-term goal of creating generational wealth for my family.

And it is often overlooked (and looked down upon) by long-time PHX residentsBut once again, I am not giving advice just observing with a seasoned eye....see what others think....

I did it, and probably increase the value of my holding 2.5x, or even 3x, but it was a long 7 year process and at times very touch and go. 

I manage properties where I live and one bad month, one eviction, one water heater goes out, you could be upside down on cash flow for months and I am thousands of miles away so I have to trust their "Trusted Property Manager"Sorry for the long rant, the question I have is what about Tennessee?

Meaning, that the "Long Island Real Estate Investor" facebook page has thousands of members on it. 

.🌱 Long-Term Vision: Multifamily investing isn't just about quick wins; it's about long-term growth.

That said, if you have clients that need long term debt and are investors, there are programs for foreign national real estate investors that could work. 

You shouldn't need to keep track of the PM's receipts as long as you know the monthly expenses.

I've been in real estate development a long time, and most of the folks I know doing it either grew up in the business, or most of them know it from working for a larger builder, i.e. as a project manager, forward planner, acquisitions, and eventually went out on their own.