In the last 3 months we've had several prospects send us proof that someone we don't know, contacted them about a property we manage.

The property management side, realty medics, could use a tune up as well. 3 day notice not posted until the 17th after me hounding them.

Self managing or using a property manager?

I am a local investor, broker, and own a property management company.

Foreclosures, short sales, and off-market deals can provide these opportunities.Target up-and-coming neighborhoods with increasing home values rather than already hot areas.Research comparable recent sales and get an inspection to accurately estimate the after-repair value (ARV) before making an offer.Follow the 70% rule - the purchase price plus renovations should not exceed 70% of the ARV to leave room for profits after selling costs.Focus renovations on maximizing returns - kitchens, bathrooms, curb appeal rather than over-improving.Hire experienced contractors and have a project manager oversee work to keep things on schedule.Price the renovated home at or just slightly below comparable recent sales to facilitate a quick sale.

Also, consider reaching out to local property management companies for their input on rental demand and market conditions.Comparative Market Analysis (CMA): Your agent’s assertion about good rental comps should be backed by a Comparative Market Analysis.

Today I met with Tim, he is my mentor/partner, he was my old office manager in MA, and he was the one who convinced me to get licensed in Both states. 

Hi Everyone,Can anyone share their experience managing general contractors remotely?

Open to properties around the country with PM management, but focusing currently on the South and Midwest.

As long as you can manage the short term, you will succeed in the long term.