A lot of stuff I handled myself.

I use a spreadsheet I developed to determine my entry costs, carrying costs, cash flow, tax write offs, appreciation and exit costs.

Here $10 is reasonable) to each unit's monthly cost for the work to handle this utility cost and associated billing and put this in writing in each lease renewal.

A professional property manager should handle the heavy lifting, ensuring your investment is protected and profitable without adding stress to your plate.

Your plan to handle the strategic aspects remotely while a property manager handles onsite issues is smart, and as long as you log your work and stay hands-on, you’ll likely qualify for active status.

.- Risk Awareness: Flood zone designations still help people understand general flood risks in their area.Elevation still matters under Risk Rating 2.0, but its role is handled differently compared to the old system.Under the old system, elevation certificates were often required to calculate insurance rates.

As expected, consulting with your CPA and the qualified intermediary (QI) handling the exchange is best advised.

Some used more creative ways to handle the needs but it is still a capital call and dilutes the return (if anything left). 

Shortly thereafter, I got an email from the title company that was handling the closing of my second wholesale deal.

My father is a certified contractor in NJ—he’s built one home, flipped four, and consistently handles upgrades and maintenance for me and his other clients.I’d appreciate any tips or stories from those who’ve turned equity into a profitable venture.