These enhancements significantly increase the property’s functionality, appeal, and income potential, making it a cornerstone of my portfolio.

These enhancements significantly increase the property’s functionality, appeal, and income potential, making it a cornerstone of my portfolio.

These enhancements significantly increase the property’s functionality, appeal, and income potential, making it a cornerstone of my portfolio.

More bank accounts will require more accounts to be connected to your accounting software.I personally don't like to have a checking account and savings account for each property(If you have 10 properties, that means 10 checking accounts, 10 savings accounts, 10 account numbers to remember, 10 checkbooks, 10 debit cards, etc)However, it will make using the class function easier when you do your books.Best of luck.

I personally don’t buy leads and work on organic lead gen.

The brick construction is a plus for durability, but check for any signs of foundation issues, especially if the property has settled over the years.Be sure to budget for updates to key systems—plumbing and electrical upgrades can be pricey but crucial for tenant safety and modern functionality.

BiggerPockets (BP) does have some tools and templates that can help keep you organized (like checklists for inspections, title, and earnest money).

We can teach them how to live in a house the right way and help them with the bumpy road of turning into a functioning member of society. 😆  That's right Dave, lots of good life lessons for everybody!

I have heard Texas and most areas would be closer to $100 when its all said and done.You can find good contractors through realtors, HBA in your area, REI Facebook groups and meetups etc.Make sure to check references of past and current clients, visit some jobs in process as you can tell a lot about a contractor by how the job site is kept up and organized.

I’m just getting started with my 1st and hoping to use the available resources to help with organization & efficiency.