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

I never give the system or the prepped documents. 

Since 2022, rents tracked through the MLS system for the Charlotte Metro area have steadily dropped.90 Days of InventoryWe currently have 90 days of inventory on the market, a trend that’s persisted for five consecutive months.

Security systems are easily outsmarted, that’s the point of the initial visit, to case the joint. 

It was a good learning experience, but it made me realize that staying away from major rehabs (for now) might be the best move until I have a more reliable system in place.That said, having family in the area like your sister and brother-in-law is a huge advantage!

. - Your portfolio will suffer:(You want a PMC that has great systems in place, including a great portal where you can keep tabs on eveything.You will also need to manage your PMC on a regular basis.

Quote from @Brandon Croucier: Quote from @Chris Seveney: They are more than a one man show - they are doing $10-12MM a year in lending (also have other parts of business) and have the people and systems in place includin g all above except the deal flow.How does one profitably run a PML company with numerous people only funding 10-12M a year?

We share best management practices, systems & tools, and our networks.

I knew pretty quickly that he had built the systems and processes to succeed.

The members here on BP that talk about STR auto-run systems didn't install those systems and find dependable cleaners & handymen overnight.