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23 January 2025 | 10 replies
@Jackson Pudlo you'll have a better chance of success managing a unit right next door and learn a lot.Versus...Buying a rental in a few years that not near you.One of the biggest mistakes newbie investors make is not paying enough attention to their rentals because they are too busy with family & work.You really won't be able to ignore a rental next door to you!
13 January 2025 | 41 replies
Take it all for what it’s worth, I’ve learned plenty of lessons and made my share of mistakes.
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12 January 2025 | 28 replies
I have used KBKG in the past but I currently use DIY cost segs, https://diycostseg.com/who-we-...I like them better than KBKG because if you make a mistake you can correct it.
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10 January 2025 | 7 replies
Buying in your backyard eliminates so much for you.What strategy do want to follow?
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17 January 2025 | 11 replies
But letting minor issues slide was my biggest mistake.
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12 January 2025 | 20 replies
You'll make a lot of mistakes which will train you what to look for in a PM.
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9 January 2025 | 4 replies
@Stacey OlsonRecommend 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.
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5 February 2025 | 29 replies
So the big advantage of turn key is that you get a property that the property management company knows inside and out to eliminate negative surprises and you are getting a great management company and a good, qualified tenant from the start.
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24 February 2025 | 72 replies
My listing is 4 bed 3 bath single family and they were able to book it for cheap due to number of people sliding scale discount I applied by mistake as a first timer on the platform Will closing my bank account prevent them from holding me responsible for guest's relocation fees??
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11 February 2025 | 167 replies
I guess that is partly why bitcoin exist, to eliminate those cross border fees.