All Forum Posts by: Saaya Yasuda

Thank you both for the response! Very helpful. I'll use the resource and reach out to the companies mentioned.

Does anyone have property management company recommendations for long-term multi-family rentals in Pittsburgh, PA? I'm an out-of-state first-time investor. I've reached out to Mace and also planning to contact a few others such as Riva Ridge and DeSantis. If anyone has experience (or even contacts) with them or others, can you please share? Thank you so much in advance!

Hi everyone, I'm new here, based in NYC and relocating to SF soon. I read "The Book on Rental Property Investing," created a property calculator in Google sheet, and am looking at different markets to invest in and running numbers on listings. I'm mostly looking at small multifamily turnkey properties around 200-500k, but haven't decided on the market, and thus, haven't talked to a real estate agent yet.

While running numbers, I encountered a property on Roofstock with a pretty high CoC return even when I included a hypothetical 12% property management fee in my calculation. I talked to a Roofstock rep who walked through the process, and she said most buyers don't have a real estate agent when they make an offer on Roofstock. I'm researching but also not familiar with the neighborhood, which looks class B or C and far from a major city -- it's a concern for me.

Where do I go from here on this property? Should I get a real estate agent in the area and discuss this? Should I talk to a property management company first? Anything else I should look into? I don't know if I feel sure enough to make an offer yet even though the book recommends to start making offers. I also plan to decide on a market and start talking to agents regardless -- any recommendation for the market is welcome too. Thank you in advance!