Renting by the room is a smart move—getting that cash flow while you work on your BRRRR strategy is 🔥.

You'll need a reliable network of local professionals (plumbers, electricians, handymen) you can trust.Hiring a Property Manager:Peace of Mind: They handle day-to-day operations, tenant communications, and legal compliance.Local Expertise: They understand the local market trends and rental laws in Colorado Springs.Cost: While there’s a fee, many find it worth the reduction in stress and time commitment.Lessons Learned from ExperienceBuild a Strong Local Team: Even if you manage the property yourself, having a dependable local handyman and a real estate attorney can save you headaches.Leverage Technology: Utilize property management software for rent collection, maintenance requests, and tenant screening.

I purchase all my properties under my business SMART in E.Z Restoration Inc.

If local prices are too high, exploring Midwest markets is a smart option.

It'll pencil out either way, I'm just trying to be smart about navigating the different housing sub-markets and especially this pivot to the furnished market.

Well, the smart thing to do is both.

Using the equity in your current home to purchase your next home can be a smart strategy, especially since you plan to rent out your current property.

See if you can get a copy of The Millionnaire Real Estate Investor by Keller.The Slight Edge and Atomic Habits too.Awesome board with many smart people having own suggestions and ideas to grow wealth!!

You have come to the right place to begin your investing journey.Awesome board with many smart people having own suggestions and ideas to grow wealth!!

Hi,I've recently been learning about real estate investing, and as I'm going through this I'm realizing how fragmented the technology and data is, and how manual the opportunity identification is.