You basically become a fractional owner in a large piece of property, such as an apartment complex or retail or industrial property.

I'm aware of the vacancy rate being 6% in the SFR industry but I was wondering what percentage of units go on the market every year from your portfolio.

Been searching around the forums for a few days, and haven't seen anyone from Fairbanks.

Engaging with tenants to understand their needs and preferences can help in tailoring services and amenities, thus enhancing their satisfaction and loyalty.Key Takeaways:Implement tenant engagement programs to build community and loyalty.Regularly review and update lease agreements to reflect current market conditions and tenant expectations.Diversification of Investment PortfolioDiversification across different types of CRE, geographical areas, and tenant industries can mitigate risks associated with market fluctuations.

Would love to chat with folks experienced in these specific areas and any resources for continued learning and growing my network and skills. 

Are there specific standards or common practices that seem to set certain areas apart?

At the time there were no forums or internet groups to help and I did not know better.

@Liliana Bennett most HOA boards are composed of the actual homeowners.Just like there are many DIY owners here on BP, trying to pinch every penny, there are HOA Boards trying to do the same.Guessing your HOA Board members have specifically taken many possible tasks away from the PMC in an effort to save money.

(curious if it's a specific/local thing or seeing that success across multiple geo's)Thx,

(Here we go.)I asked what he did in real estate specifically and Frank said he, “sources funds for real estate.”