
2 October 2024 | 8 replies
You'll need a reliable network of local professionals (plumbers, electricians, handymen) you can trust.Hiring a Property Manager:Peace of Mind: They handle day-to-day operations, tenant communications, and legal compliance.Local Expertise: They understand the local market trends and rental laws in Colorado Springs.Cost: While there’s a fee, many find it worth the reduction in stress and time commitment.Lessons Learned from ExperienceBuild a Strong Local Team: Even if you manage the property yourself, having a dependable local handyman and a real estate attorney can save you headaches.Leverage Technology: Utilize property management software for rent collection, maintenance requests, and tenant screening.

7 October 2024 | 4 replies
Focus on cash flow and build a network through local real estate meetups and online groups.

6 October 2024 | 7 replies
Would love for you to come out and network with other local investors, meet some of the trades and see if you can make some connections to help you get started.

7 October 2024 | 15 replies
You could start by investing in in your self in financial education and networking to find a mentor who has experience in real estate.

6 October 2024 | 1 reply
Broker Networks: Build a network of real estate agents and brokers who bring deals to your table.

6 October 2024 | 1 reply
Alternatively, you could waive the commission in exchange for a small equity share in the deal, aligning yourself with investor success.Once due diligence is complete, network through real estate groups, your spouse’s contacts, or online platforms like BiggerPockets to find investors.

3 October 2024 | 7 replies
BTR is still a very small portion of the market in deliveries and less efficient than apartments I'd stay clear if you are new.

2 October 2024 | 6 replies
It helps to network with as many local investors as you can.

9 October 2024 | 15 replies
@Michael PetersRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.