Know your local laws, which are getting more and more complicated, but this local organization is good at helping small landlords and property managers stay informed and on top of the law.If you send me a message I can share a deal with you in Skagit County.

I’ve noticed many newer investors struggle when it comes to matching the right loan type to the project.
Would anyone find it helpful if I shared a few examples of how experienced investors structure their fix & ...

@Olaf CamachoHey Olaf,If you’re open to Midwest opportunities, starting small with duplexes or triplexes can be a great way to gain hands-on experience.

That has created opportunities for my real estate partnerships to own the restaurant operations inside our buildings without investing much more than we would have spent building out space for a tenant where the individuals who customarily would have been arm's length lease operators are now brought on through management agreements to run the businesses.  

No, you and your LLC are the same and not at "arms length".

Truth is that when I seek a rental of less than 30 days I expect to pay the highest rate; 30 days I’m expecting a SIGNIFICANT discount; 90 days an additional discount; 6 months a rate closer to a 12 month furnished rental lease with a small upcharge.  

@Kody Smith We use AppFolio and overall, we’ve been really happy with it.What we like:Super easy listing and background verification processACH payments make rent collection smoothBuilt-in CRM for handling maintenance ticketsTenant messaging option (so we don’t have to give out our personal phone numbers)If you have the budget, their Smart Maintenance feature is worth checking out — it routes tenant calls through a call center and sends notifications to you, which really cuts down on handling small tenant issues yourself.What could be better:The accounting side could use improvement.

The new mayor signaling a potential rent freeze is pushing a lot of small owners to sell.

When a DSCR lender kicks a deal because of unit size or experience, the fastest fallback is usually a small local bank or credit union since they underwrite on the building, not rigid internal rules, and they can still close fast if the relationship manager pushes it.

A small multifamily is probably the cleanest next play.You’ve already proven you can run multiple units under one roof.