I'm the Broker and owner of H&L Real Estate Company and also H&L Property Management Co (serving over 200 doors).

ROI do not take into account time value of money (selling the asset at year 8 instead of year 2 at the same price, your ROI is relatively similar, but your IRR is far from being the same).4- LEarn to analyze your portfolio: aggregate altogether all your assets and analyze if there's any project cash flow that would be required (balance of sale, loans, etc).

. - Try to put all the steps of a deal in a project management software like Asana, Monday, etc.

If you ever need help managing these processes or have any further questions, feel free to reach out.

2) Do you hire a property management company before or after you purchase the property? 

Talk to a mortgage expert and look up local property managers.

In an era marked by rapid changes in the commercial real estate (CRE) market, investors and property managers are increasingly seeking ways to future-proof their investments.

Hi BP Community! Please let me know if you have any questions about the South Florida market or questions about lead generation.

You are a beginner in REI – so get started first, accumulate some equity, get some serious cashflow going, get some experience with managing real estate, figure out you want to do this long term…and then worry about how to layer an LLC cake.

I've been searching for a while here on BP but have not found a thread related to my situation:I've been renovating and renting a property for just over 2 years and may be in a position to sell/close in the next 30-60 days.I am trying to cut-off major projects at this time to make a clean break, however we have committed to replacing windows in one of the units (windows are already ordered), with total project lead-time of 45-60 days (windows have been hard to get for the past year).In the event we have a closing date PRIOR to window installation, how should we handle paying the contractor?