This is applicable in business and real estate.

We have a friend in Louisiana that is a contractor and another friend that has 2 rental units there already so this is the reason we are looking in Louisiana, plus costs in NY where me and my business partner live are way more expensive of course.

When we were there in May they dryer was all of sudden not heating, we called LG and they talked us through how to find the error code, gave them the code and it gave them an idea of what was wrong.

Any ideas or advise on this situation is greatly appreciated thank you 

Competition is high and operation cost is high .My property is in California, so wanted to get ideas from owners who were in my shoes.Any suggestions appreciated.Thanks.

." - Without any numbers for these strategies it's just an idea, not a plan.

Don't rent to a friend unless you are an experienced owner as friendships and family relations are hard to manage through business transactions. 

Happy almost Summer BP Community,I'm reaching out to tap into the collective wisdom of the community as I look to expand and accelerate my rental business using the BRRRR strategy.I currently focus on buy-and-hold investments in small multifamily properties (2-4 units).

You also need to be prepared to give them your deposit business a as well.

Tripping over dollars to pick up pennies.Even when investing in your local market one should think about making it as passive/hands off as possible.Not right away but over time for sure.As the cliche saying goes "Working on the business and not in the business"Investing in real estate shouldn't just become another job.Easier said than done but still, this should be every investors focus IMO.Happy Weekend bro 🙏 there was a case where an Aussie citizen decided they were going to save money and come to detroit to do their renovations themselves.. got in a arguement with someone and boom shot dead.