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15 January 2025 | 49 replies
The easiest solution to combine your two Stessa accounts would be for you to add the email address you have associated with BiggerPockets as a collaborator to your already active Stessa account.Then log in with your BiggerPockets credentials (as that collaborator) and it should upgrade your Stessa account.Here are some easy steps to follow: https://support.stessa.com/en/articles/2105533-the-power-of-portfolio-collaboratorsIf this does not work, please message [email protected] and we can work with Stessa directly to get you set up.
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9 January 2025 | 16 replies
Gita,At least the way I prefer to do things is to only run accrual based accounting activity on my day to day operations.
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4 January 2025 | 16 replies
Just being active and visible in the areas you want to buy in can work wonders.
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6 January 2025 | 57 replies
RE is a lot more active and involved, even if you hire a PM and a GC which BTW eats up your returns.
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4 January 2025 | 25 replies
REITS and stocks are passive and real estate is active.
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2 January 2025 | 2 replies
I spent a decade in advertising, before founding and running a custom wood shop for another decade, so 'm pretty good at the self-promotion.I agree with you that the more gorilla approach would be most effective and that's actually what i've been doing – calling RE agents in my service area with active listings, introducing myself to property managers and leasing agents...To answer your question, I will have to handle the work myself for 6-12 months to build out the SOPs and field service management systems, but I have a lot of relationships for those looking to "do the work".I'll check out the meet up and would love to grab a cup of coffee, I'll shoot you an email.
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12 January 2025 | 23 replies
It is not a set it and forget it thing though, you'll still need to be active and review monthly statements and manage things to make sure everything is running smoothly.
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4 January 2025 | 5 replies
We have 3 boys who are actively in sports and the location of the house just doesn't work out for us.
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8 January 2025 | 38 replies
While the power can't be selectively turned off, it’s really about active management and oversight once the utilities are in the PM's name.
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7 January 2025 | 24 replies
I have yet to come across a policy that covered for fraud or illegal activities.