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Updated 6 months ago on . Most recent reply
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Seeking guidance - What to do from 1st to 1st?
Hello BP Community,
I am a newbie to multifamily investing. My property just very recently became fully occupied. I spent so much time getting tenants for the property, and getting them moved in, that I am now curious how to transition my efforts to a fully occupied property. So far, no calls for repairs, so what should I be thinking about and doing to maximize the time I have each month. I don't have a property manager, so I do all of the outside maintenance myself. Would be really grateful for guidance and thoughts on how to be productive between picking up and depositing rents. Thank you in advance.
Most Popular Reply
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Systems, systems, systems. I would be focusing on cleaning up bookkeeping, communication portal with client, vendor list management, payment processing, etc. At the same time, it is ok to enjoy the fruits of your labor and relax too!