Wrong Property Management ApproachIt doesn’t matter how good the people who are doing the property management are, if they are not using a property management approach designed for co-living, everyone loses.  

.: In CA it is a violation of CSLB business and professions code 7159(d)(5) to execute residential time and materials contracts.

It takes them forever to sign documentation and make decisions.

By carefully managing the scope and cost of renovations, you can maximize the return on your investment.3.

As someone who occasionally works with these investors, I always try to emphasize the challenges that come with real estate like managing renovations, dealing with tenants, and navigating market fluctuations.

I am reaching out to other OOS investors how do you manage your rehab when it is way past the timeline.

I hear it all the time in consulting calls.

Landlords and Investors are concered about evictions and what that may look like 9 out of 10 times.

Outside of real estate, I enjoy spending time with family.  

It’s been a while, but I finally managed to get back into the BP forum—great to be here again!