Maybe 3 years down the road, I would want to take a more hands-off approach and find someone to handle the day-to-day part of the job. Currently, I am there every day and doing a lot of the work myself.Where would I f...
Hey everyone! I'm curious to hear some opinions on the titled question. What does everyone consider the tipping point when they stop self-managing and start utilizing a property manager? Was it a bad tenant experience...
I did a quick search but didn't find a discussion about this.
How do you guys pay your contractors?
Do you guys let them quote the job knowing they need to pad it a little in case they mis-estimate the job?
Do you ...
Hello All,I recently hired someone to help with managing a 60K renovation I have going on with a BRRR property. He has experience managing new builds and does some of his own handyman work. Great guy, but is not quite...
Hello everyone.I am starting to get frustrated with the people in my surrounding circles.I have been trying to pull the trigger on 3 condos that I have run the numbers on for a number of buying scenarios and all are p...
Hi everyone,In this next year, my goal is to purchase my first rental property. I am passionate about this goal, but I am having trouble getting started. What are some tasks I can do everyday to get myself one step cl...
Hi BP, I'm working on my first renovation project, a 725 sqft 2br/1ba in Jersey City, NJ. I am trying to get bids from contractors, so I've come up with a statement of work spreadsheet that I'd like contractors to us...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $70,000
Cash invested: $20,000
SFH purchased pre-foreclosure. Purchased as a place to live for college, rented out ...
Hi there! I purchased a condo (owner occupied) and a rental property this year (both with hard money, both refinanced, rental will be leased out this weekend) and I work a W2 job.
Apparently the time has come where...
I have been mostly managing the rental properties on my own and more recently, after studying a lot more on the tax benefits, I realized that a couple of the trips that I take to meet with my property management compa...