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All Forum Posts by: Rick Luebbert

Rick Luebbert has started 0 posts and replied 34 times.

Post: Inheriting $400K, what would you do?

Rick LuebbertPosted
  • Real Estate Agent
  • Memphis
  • Posts 37
  • Votes 23

Hi Rick, 

MFU are no more passive than owning multiple single family homes when utilizing a good property manager. SFHs however provide more diversification and provide better exit strategy options with the ability to sell to owner occupying buyers or investors. I would recommend researching experienced TK providers that provide customer service focused property management. 

Post: Need advice for purchasing first property

Rick LuebbertPosted
  • Real Estate Agent
  • Memphis
  • Posts 37
  • Votes 23

I encourage you to research reputable TK firms that do in-house property management. Focus on markets that are landlord friendly. Please feel free to private message me for any recommendations. 

Post: 3 SFR's or 4-Plex

Rick LuebbertPosted
  • Real Estate Agent
  • Memphis
  • Posts 37
  • Votes 23

SFR will be more attractive to families to rent vs a 4-plex. Families tend to have longer occupancy terms on average which lower your vacancy.

Post: Need advice for purchasing first property

Rick LuebbertPosted
  • Real Estate Agent
  • Memphis
  • Posts 37
  • Votes 23

Hi Michael, do you intend on investing locally and managing yourself or are you looking to diversify outside your local market with a passive approach?