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

Are you willing to start in less popular markets before competing with experienced companies using the big markets?

It is now 6/21/24 and I am still going back and forth with my property management about the security deposit and repairs.

Calculate your NOI (Net Operating Income) by subtracting your operating expenses (including mortgage, insurance, HOA, maintenance, and property management fees) from your rental income.5. 

Our efficient project management ensured the renovations were completed on time and within budget.

Our efficient project management ensured the renovations were completed on time and within budget.

Hi Justina, I work with a team on the ground in Cleveland that can help with your BRRRR end to end by sourcing an off market property, setting you up with trusted contractors, project managing the rehab and providing property management as well.

Terrific article by WSJ writers about what retirement actually looks like if you are managing rental real estate.  

:-) Outside the US I use the Corelogic calculator because our local insurance companies provide a no-frill version for free. 

Sure, once you get to the point where you go to Home Depot, rent a sander, and go over the floor 4 or 5 times with progressively smoother grades, it becomes more manageable.