-Bank doesn't show a statement to the tenant of what's owed.As I said I've read just about everything I can on rent collection, I know many of you believe this should be the tenant's "problem", our business is highly lucrative partially because we deal with the lowest quality tenants, and we are willing to shift this burden onto ourselves, please don't comment trying to convince me otherwise.  

It's just that every time you have to come up with your own FULL deposit (rather than being given it back by your Lender), know that you've shifted away from the BRRRR strategy completely.

For now, I'm shifting my focus to reputable wholesalers and have been given so many recommendations here.

So they very aggressively lowered their portion and shifted it to him.He tried to skip out on his portion of rent the last month before he left but I ended up getting it and he left, place was even worse with trash everywhere.

I currently work a swing shift job at a local steel mill which pays really well for the area that I live in (100k+) My wife is a Realtor and it is her first year so been trying to help her grow that business.

While there is definitely a shift from a buyer's market to a seller's, I don't think property values here are overinflated.Those that got caught in the crash were over-leveraged, and the properties' prices were over inflated.Law of supply and demand..In the period before the crash, even your dog could get a mortgage if you talked to the right person....less supply, more demand= increased home prices.

Hey everybody, I am very happy to post my first project that starts since I join biggerpockets 3 months or so ago, I moved to San Diego 18 months ago, I used to be in the big private equity sector, but I decided to start investing and consulting, so 6 months ago this  young talented architect came to me with the idea that his Girlfriend family, owned some land/Shack in Hillcrest area in San Diego, so I saw the property and fell  in love with it so I started consulting him as how to get funding, ETC. so finally after 6 months with city planners, and shifting as 30% equity investor my self, we found a bigger equity partner for the remaining 70%  and I am happy to share. that we started construction last Thursday this is a render of how our new 9 units are going to look like. 

Thus, keeping transaction volumes at an even pace, but putting pressure on prices and rents.Unless there is an expectation in the direction of the economy, the real estate market will continue in its current direction until construction can catch up or local economy jobs move and shift demand for housing elsewhere.

Hi @Chloe Landon, well ill share my story, I went to school UCSD International Business and I got a master in real estate from Wharton and I work few  years in private equity as a investment analyst and did well and open a consulting firm for  medium and small private equity and joint venture investors in southern California, I have all this fancy college and had a great background and I done it all I was realtor in college, as well as property manager and analyst and now I flip and build projects you name it, so that's me then I have a very smart partner who came to America from Israel with about $2000 bucks and didn't know English he was 20 years old working double shifts and over night he saved and got his citizenship got loan and flip his first house and his business grew wholesaling multifamily complexes in east coast and now we are both in our very late 20s year shy of 30 birthday and thankfully we have company with about 190 units multifamily and we individually own a lot of property and try to flip 15-20 homes per year, so no matter what route you take belive in it hard work and when you think you are tried and cant take it anymore do it for another 5 hours if you really want to be successful you cant quite and you can think this is so hard just do it till you see results and everything in between forget it don't program your mind into thinking its hard or what is best just do something, please PM I love to help a  young mother with any info I can.

Regarding what I'm looking for, is anything you can think of to have that will make my shift into property manager/landlord easier.