I’ve been a real estate investor since 2015, owning and managing multiple multifamily properties and running a short-term rental business in Cape Cod, the Lakes Region of NH, and the Berkshires.

Especially after capex, vacancy, management fees, etc etc. 

.: @Srikanth Kumarjust curious how you plan to manage a BRRRR from out of state. 

This approach balances guest convenience with managing costs and inventory.Happy to connect and share more tips!

@Kwanza Price tips for managing contractors:1.

I'm a local, CT based investor, flipper, and property management company owner.  

We never hired a manager because it simply would have taken too much out of our profits.

It also adds complexity to management.

It can be in the real estate industry, property management, construction, lending etc.

And at the top, you need three key people: an artist (to deliver a great product), a manager (to keep things running smoothly), and an entrepreneur (to drive it forward).