The way REITs are structured nowadays, more than 90% of them are internally managed, eliminating the inherent conflict of externally managed REITs, and aligning the interests of management and shareholder to a much greater degree.  

Stability is a plus, but make sure you're comfortable managing any internal family dynamics that could impact your property or complicate rent collection.2.

“A deal was foreclosed due to neglect, and you shut me out of communications.”The partial truth: a deal did go to foreclosure, and we removed you from internal channels.The complete truth: taxes, insurance, and interest rates all spiked together at unprecedented levels.

@Nick Farrow we've had international clients go down this path.Typically two options for financing:1) DSCR at 65% LTV2) Try to find an Australian bank with offices in the US,OR the reverse, a US bank with offices in Australia.

While also utilizing our internal software to help evaluate property value, rents, rent style (STR, MTR, LTR) check the cash flow ratios, plus the ARV potential including the cost of Reno/Repair.The pregame is what most lenders or brokers do not offer because it requires more time offered to the client beyond the 9am to 5pm employee.

Since we work with the same pros regularly, they give us preferred rates, so even with coordination included, the owners typically pay less than they would sourcing it on their own.It’s definitely a balance — we’ve found that working with top-tier vendors while managing them like an internal division gives us the same speed and control, without the payroll, workers comp, or HR overhead.That said, I completely agree — a strong maintenance arm can absolutely increase company valuation.

The best move right now is to get hands-on exposure, whether that’s interning with a local investor, joining a real estate team, or working part-time for a property manager or realtor to learn deal flow, analysis, and operations.

The founders either had internal capital or had the ability to borrow the money from Wall Street or private equity to get rolling. 

Great if your an international arms smuggler, not so great for a 50-something Jane/John Doe. 

Our internal team also finds about one to two viable off-market deals each month.