The paperwork, the tenant communication, the financial tracking – it was all so time-consuming and stressful.

Im down to put the work in but want to know 2 things...what would be the most efficient and effective way to use my time to get houses under contracts and to close deals. 

Good afternoon fellow investors,I just closed on my first rental property, which consists of a main house with 3 attached smaller units (efficiencies) - this is very normal in this area- , everything is on one meter.The previous owner used to live in the main house and therefore all utilities were included in the smaller units's rent payments.

If you have an attorney, I highly recommend having them review any proposed changes and communicate directly back to the corporate attorney if they have any concerns.

The reason I posted this question is to see if any specific areas could be improved by technology that can help you be better at your business. we don't live in an ideal world, and sometimes the existing tools, may be useful as we are used to using it, but they arent very optimal.The best way to look at it is to see if there are some problem areas that you think if addressed via technology will help you be more efficient and reduce your investment risks. 

Anywhere else I'd recommend a regular fence that'll be low cost and efficient

I'm currently in the process of closing my first primary residence deal in NYC, and I would like to ask for a piece of advice to the community.The current tenant of the Seller failed to move out by the closing date and the Seller decided to take a legal vacating process.Background- The current tenant of the Seller failed to move out by the closing date and I heard the tenant is avoiding direct communications with the Seller- Not sure from my end if the tenant is willing to moving out but struggling, or maliciously squatting- I have a vacancy contingency in the contract, thus I can back out at my discretion due to this issue, but currently there is no other properties that I want to move on to due to the market condition- The Seller is trying to take a legal action but it will at least take 3 months or longer, no promise to succeedAdvice to ask- My attorney could not negotiate to ask for a penalty for this delay because the penalty for delay was not included in the contract.

Guest Communication- Quick Responses: We aim to reply to guest inquiries within 24 hours, often much faster, to increase bookings.- Pre-Arrival Messages: We send personalized messages to guests with important information for a smooth check-in.- Responding to Reviews: We take the time to reply to guest reviews, addressing any concerns and thanking them for positive feedback.4.

It’s also a great way to leverage your investment for future projects.If you’re planning to continue with more BRRR projects, consider refining your vendor selection process to increase efficiency and cost control, and ensure your financing is set up to maximize your next deals.If you need any advice on financing strategies for future deals or optimizing STR income, I’d be happy to help!

This is my first time doing this, so I want to understand the most efficient way to do so.