When I called the owner and told him who I was, he said he was actually thinking about calling me to see if I would be interested in managing the property for him.

note if it costs 4 times as much to evict but evicting reduced the bad tenants to 25%m it would be a wash.  

In the next few years I may be moving back to Pittsburgh so this could be an option for me in the future.I did complete the backyard rehab project myself, where I went from a weed-ridden red cobblestone courtyard patio to a comfortable pea gravel patio with chairs, firepit, grill, string lights and life-sized games.

Even for window AC's, pulling them out and thoroughly washing them at least annually will prolong their life, unless you are buying the very cheapest units.

My last interaction with an agent was he was supposed to call us Monday at 10:00 a.m. about a property that was in the half million dollar range so a nice tidy sum for basically going and opening a door. 

You need to know buyer has their own money they just want to use someone else's money to buy.Big difference between someone with 500k in their bank account wanting to use an HML and a buyer with 5k to their name and putting up 1k non-refundable on a wing and a prayer.If you had multiple investors you likely should have screened your investors much harder to see who looked the strongest and could perform.

Our strategy has always been to invest & improve in C class properties that are adjacent/near B or A. We

Monthly social hours with hors d'voures, community BBQ, pool party/cookout, monthly car wash, monthly giveway's (gift cards, dinner with management, etc. for a small group (2 to 5...and post pics on your website) who provide feedback on what areas management can improve, etc.

Too many get tunnel vision on just the % and completely forget there is 3 factors to how the #'s wash-out; the rate, over what time, on what total amount.

I don’t know if Patrick was completely duped by Robert as well, but I do know that when I make inquiries, Patrick directs me straight to REM and doesn’t address the issues himself.Patrick seems to be a very intelligent guy and, honestly, I still occasionally listen to his educational content, but I will never invest with him again. is he licensed series 7 so he can legally take fees or was he a principal or employee so he could legally take fees ?