Implement scalable systems and processes to effectively manage and grow your real estate holdings.

Just remember that wholesaling is much tougher than all the gurus make it seem to be, but not impossible at all if you create the right systems and understand, when you are new, that you are solving problems, not throwing cash.

There is a growing trend of apartment owners investing in submetering systems for water as these have gotten more affordable.

If you have checkbook control you’ll have a bank account with a bank that has FDIC insurance up to $250k per account.  

I enjoy teaching BP members how to use the system to save more money by using programs and taking advantage of loopholes.

However, if you bought it and managed it as a market rate apartment, your experience would be very different.My point is, I can control how fast a unit turns simply by adjusting my asking rents.  

I found this fact sheet which seems to indicate it would be possible to evict the rent stabilised tenants so long as they haven't been living there for more than 15 years or are older than 62 or disabled: https://hcr.ny.gov/system/files/documents/2020/10/fact-sheet... 

Even the subpar situations we have no control over.

I will be buying a multifamily property in a landlord-friendly state without any rent control.

I also like contractors that have packets that allow you to pick out the stuff that you want to use for that project, which reduces the quality control process..