That said if you’re paying the utility bills you’ll need to train your tenants/guests how to use a split.

If you need a finer line than the flathead, use a razor utility knife.

The key to scaling a real estate portfolio is understanding how to utilize leverage to the best of your ability.

You can utilize low down payment loans by house hacking your next property.3) Partner with people to invest your capital together.4) Invest in lower cost marketsThe tough thing about real estate investing is that it's capital intensive.

Unless you plan to pair it with a construction division or can build out a brokerage and the property management is utilized to bring in and/or retain business, it's not a great business to be in if you plan to manage 3rd party assets.

They track the few bills such as utilities, lawn maintenance etc.

Hey Everyone,Are you guys utilizing the BiggerPockets Community Listings to sell your properties?

Here are some additional activities that count, toward real estate professional and material participation hours.Research market for real estate transaction opportunities; current office market rates; terms of financingMaking offer contracts for properties that you end up buyingNegotiation for acquisition of rental properties that you end up purchasing; including directing due diligence and managing financial projections/business plansObtaining financing for properties that you purchaseProperty inspectionsAdvertisingMeeting with Prospective Tenants/showing properties to prospective tenantsNegotiate, obtain, & review proposals and contracts with vendors (insurance, utilities, etc) for property servicesReview and Negotiate The Terms of Sale AgreementsStaging and Decorating3rd party contractor, vendor, or service provider supervision

Ignoring Hidden Costs: Consider maintenance, property taxes, and utilities in your budget.3.

Given the price point and size, your units may appeal to young professionals, students, or single individuals.Online Presence: Utilize online rental platforms extensively.