Hey @Joel Matthews, I’ve seen a few investors do sub-to deals in Philly, and they can definitely work if you’re careful.

He said he would check it out, take care of cleaning it up if not much was involved, and find me someone if it was a big job.

You can build experience, take advantage of tax deductions like mortgage interest and depreciation, and learn the ropes without taking on too much at once.If you decide to go the multifamily route, pulling investors together can work, but you’ll want to structure everything carefully, setting up an LLC or another entity helps separate liabilities.

text)-Offer cleaning or linen refresh at 45 days-Send small “thank you” notes or local gift cards for long staysI’ve had guests extend 2–3 times just because they felt cared for.What’s your go-to retention trick?

Would love to get your feed back...the deal looks like a site built 950 sq. ft 3 bed 1 bath with one car garage, buy at $115,000, put $30k into(if I am picky and careful). 

Slobs that take poor care of the unit but if they pay their rent you are stuck with them for as long as they want to stay.  

@Stephanie Cortez As RE investing gets more complex and cities like Philly are getting tougher, the savvy investors are doing well and buying up opportunities, the newer investors are often stumbling through their first acquisitions and learning the hard way how resilient they are (or are not) and the folks in the middle are hopefully working on getting smarter and more careful about everything - vetting tenants better, being smart about renovations and maintenance, exploring alternate strategies when necessary. 

But more than 90% of my resales of SF detached properties has been to owner occupants, who don't know and don't care about positive cash flow. 

The AI I’m building doesn’t care about data scraping, it cares about conversations and in person connections.It’s a wearable device that helps capture client interactions in the field (with consent), summarizes them, and updates your notes or CRM automatically.

People take care of environments that feel cared for.I’ve also noticed the same trend with tenants staying 6–12 months to stack cash, especially in this economy.