Hi ya'll, I hope everyone is having an excellent, positive and powerful 2019!

It allows you to recycle your capital, grow your portfolio, and create passive income.Boot Camp: Signing up for a boot camp and joining BP PRO are excellent moves.

To manage properties effectively, ensure tenant satisfaction, maintain the property, and handle legal matters, hiring a property manager who is a member of the National Association of Residential Property Managers (NARPM) is an excellent choice.

Thanks for your excellent public service announcement.

why a 10% management fee could be a bargain for excellent property management services.

And you must not forget that WHEN (not if) there are bumps in the road the monthly distributions will be put on hold, you may be told to have to invest more (a "capital call"), or you may lose some or all of the principal originally invested.Spark's self-reported record is "two dozen or so" investments, 2 of those have had their distributions paused and one of the two had a capital call.

I live in New York.My initial research points to Detroit being an excellent cashflow market, almost too good!

I self managed and used an excel sheet to record all income and expenses. 

From there you have a great template to use and can set up a simple mail merge in excel for future deals.

Lay everything out in Excel or do you use an app?