![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/768768/small_1621496986-avatar-joshuah102.jpg?twic=v1/output=image&v=2)
2 October 2024 | 8 replies
Owning only 1 & being realitivly cash poor is risky.As for door knocking as a way to collect rent.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2261869/small_1696805945-avatar-jodiannb1.jpg?twic=v1/output=image&v=2)
4 October 2024 | 4 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1159331/small_1621509721-avatar-michaelb1003.jpg?twic=v1/output=image&v=2)
2 October 2024 | 4 replies
Relying on parking companies to manage and improve your "product" is paramount.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3114445/small_1725622363-avatar-yuvalm5.jpg?twic=v1/output=image&v=2)
5 October 2024 | 3 replies
It’s important to make sure the lender offers both options so you can transition smoothly if you go with the BRRRR method.Cash Purchase & Mortgage Later: Yes, non-QM lenders offer a product called "delayed financing," which allows you to buy a property with cash and refinance later.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3088450/small_1722313978-avatar-aaronk335.jpg?twic=v1/output=image&v=2)
5 October 2024 | 7 replies
So many investors lose thousands, or even tens of thousands, every year through poor management of their property.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2282290/small_1638160069-avatar-chidat1.jpg?twic=v1/output=image&v=2)
14 October 2024 | 420 replies
Sure, he gets in without putting any of his money in, great for him, but what about the poor guy who now is in a 2nd position on an overleveraged property that they paid more for than it's worth?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3097139/small_1723345508-avatar-teekap.jpg?twic=v1/output=image&v=2)
4 October 2024 | 6 replies
One thing with Obie is that their product is non-admitted and they have multiple writing companies.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/941641/small_1621505945-avatar-bog13.jpg?twic=v1/output=image&v=2)
4 October 2024 | 5 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3125702/small_1727391217-avatar-sanjidar.jpg?twic=v1/output=image&v=2)
4 October 2024 | 5 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2987868/small_1712179473-avatar-sarak1555.jpg?twic=v1/output=image&v=2)
4 October 2024 | 3 replies
Sounds like your property is either being poorly marketed.Or you are overpriced and are letting your ownership bias blind you to that.