Define and Standardize Core Business ProcessesA scalable business requires well-documented and repeatable processes to ensure consistency, quality, and efficiency as you grow.

We made a bet: be okay with no (or negative) margins on cleaning and let high quality reviews pay dividends years later.It’s paying off. 

This can lead to missed opportunities, especially when speed and flexibility are crucial.Personally, I’ve seen investors switch to creative or alternative financing options, like hard money loans, private lending, or even seller financing, to avoid some of these pitfalls.

In this case, speed is your friend.If you can, pay for repairs out of pocket (or on a credit card or with a loan) do so and then submit the actual bills to the insurance.

For example, you could print high-quality postcard-size flyers for a direct mail marketing campaign.

that could determine the quality level the unit needs to be at for a new tenant- Am I doing the work myself, or hiring out?

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Piffard.

Purchase price: $125,000

Cash invested: $38,000

Our Mission: Provide Better Homes for our Veterans and those most...

They are also playing games with prices, claiming that some increases are due to increased quality, so no actual inflation.

So, insurance premiums are getting VERY expensive.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

I thought the same thing on the quality of networking was a level higher.