I’ve managed my fair share of properties, and the number one way I’ve gotten property management clients is by helping them solve a problem.

As you progress your bookkeeping business, you'll likely want to learn how to export statements from a variety of property management platforms, as investor books are housed in bank accounts, spreadsheets, and a variety of property management and accounting software!

What is your average rent amount for all properties managed?

It showed me the significance of developing systems and processes that propelled my different ventures.Another book that struck a chord is Can't Hurt Meby David Goggins.

Maybe attend a chamber of commerce meeting and ask around where development will start.

Tenant stopped paying rent before 2 months of the lease expiring, property manager filed for eviction process but tenant vacated the property before sheriff served the notice.

Out of the 300 properties I manage, we only had 1 eviction last year.

RM-4.5 zoning would allow for a higher unit count and could provide more flexibility for future development, regardless of ADU policy changes.One potential benefit of rezoning before any citywide expansion is that it might allow you to lock in additional density rights ahead of any potential restrictions or revisions the city could impose when expanding the program.

(I actually laughed when I first learned this.)10% property management fee (With separate charges for new leases, repair management, and rent collection—what exactly does this cover?)

But if your goal is to cashflow positive from the Day 1, you may find it very challenging due to current day interest rates, high cost of construction and the fact you won't have the efficiencies of a seasoned developer building at scale.