Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

Thanks again for your feedback, super valuable!

It the first thing that you do is raise rents and the second is deny small requests than you are going to have to learn valuable lessons about tenant retention.

Just a thought but I think this could be valuable to the right people.

We just closed our second deal in the past 30 days, and for me, my portfolio or success, would not have been possible without an amazing partner.The reason for my post is that I've learned that real estate, especially multifamily, is a team sport.

The peace of mind and seamless transactions are far more valuable than squeezing out a few extra dollars from a deal that could fall apart at any moment.Real estate isn’t just about the highest bid; it’s about the relationships and reliability that ensure deals are closed efficiently and without unnecessary stress.

Sounds like you are a valuable asset to hosts in your area!

Labor costs are 20-30% higher than my core market in Denver, which was very surprising to me, which makes finding a PM that has in house maintenance, electrical, plumbing, HVAC very valuable. 

Thanks David for your responses and sharing your valuable experiences. 

On the other hand, a 24-year history with an 18% net IRR that includes some losses may indicate a more seasoned sponsor who has navigated multiple market cycles and learned valuable lessons along the way.Regarding internally managed operations, like property management (PM) and construction management, scale plays a crucial role.