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Archive of Tom Sylvester

Tom is a serial entrepreneur and real estate investor from Rochester, NY. His real estate investments primarily target multi-unit properties. Along with his wife Ariana, they run a blog called Entreprenewlyweds, which helps couples understand how to manage being real estate investors/entrepreneurs while also maintaining a great relationship and family life.

Tom has written 34 articles for The BiggerPockets Blog.


General Real Estate

6 Sure Ways To Never Be The Bearer Of That “Worst Tenant” Story

by Tom Sylvester May 28, 2014
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When landlords get together, they typically trade stories of the worst tenant and/or other landlord horror stories. Today I am going to walk through 6 strategies that we use when renovating our properties, to avoid some of those horror stories. Related: (Real Life) Real Estate Investing Horror Stories 1. Use Standard Materials This was one of […]

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Real Estate Deal Analysis & Advice

3 Must-Have Considerations Before Purchasing Your First Rental Property

by Tom Sylvester May 12, 2014
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I was at a local real estate meeting this past week. After the meeting, a local investor working to get his first deal approached me for some insight and advice, wanting a second opinion. There are a lot of things that go into analyzing a potential deal and after that encounter this past week, I […]

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Rental Properties

Landlords, Do You Have a New Tenant Packet?

by Tom Sylvester May 6, 2014
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Being a landlord is difficult. Unlike some other strategies in real estate (ex. wholesaling/flipping), you are responsible for the property and the residents of the property for the long-term. If you don’t set expectations upfront and manage the relationship with your tenants, it can be a rocky road. Knowing this (and after making several mistakes), […]

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General Real Estate

Should You Use Texting & Facebook Messaging for Real Estate Investing?

by Tom Sylvester April 28, 2014
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I was having coffee with another investor the other day. We were talking about the latest BiggerPockets podcast with Tim Gordon. There was some discussion on the podcast about Tim doing a wholesale deal via text messaging. This investor was more “old school” and did not think that texting was a professional way to communicate in […]

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Real Estate Wholesaling

How to Estimate Rehab Costs with No Construction Background

by Tom Sylvester April 21, 2014
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I was surfing the BiggerPockets Forums last week when I came across this post.  Being that I had a few minutes and we are in the middle of a rehab myself, I figured that I would jump in an assist a fellow investor. Here a few of quotes from the post… “I have a question […]

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Rental Properties

My Experiment with RUBS Water Metering for my Multi-Family Properties

by Tom Sylvester April 14, 2014
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One of my biggest frustrations when it comes to multi-family investing (at least in my area) is the fact that the water bill must be in the name of the property owner. From what I understand, this came about because it was easy for tenants to skip out on their water bill. The local municipality cannot […]

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Real Estate Marketing

3 Tips on How to Rent (or Sell) Your Rehab Before It’s Completed

by Tom Sylvester April 7, 2014
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If you are like me, you hate losing out on income with your real estate investments.  So you try to avoid things like evictions and vacancies.  Another hidden “area” of lost income related to vacancies is the time between when a new property is ready to be rented/sold, but it is just sitting there empty […]

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Real Estate

Do You Have a Property Inspection Toolkit? (9 Must-Haves to Get You Prepared)

by Tom Sylvester March 24, 2014
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If you are a real estate investor (or would like to become one), it is more than likely that you will walk through many properties.  I recommend that anyone looking at houses put together a “toolkit” that they leave in their car.  That way, when they inspect properties, they have the main tools that they […]

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Starting Out

Let’s Be Honest: You Won’t Become a Real Estate Investor (Here Are 8 Reasons Why…)

by Tom Sylvester March 17, 2014
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If you are not investing in real estate currently, I have some hard news for you to hear… you probably won’t ever become a real estate investor. I said it; you won’t ever become a real estate investor.  Save your time and money.  Quit spending time on BiggerPockets reading blogs and listening to podcasts.  Quit reading […]

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Real Estate

How to Incorporate Floor Plans into Your Real Estate Business

by Tom Sylvester March 10, 2014
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I am always looking for ways to improve and different ways to set our real estate business apart from the competition.  Some things that we try work, others don’t. Today I’m going to share one idea that we started using a while ago that we have kept, which is creating diagrams of the floor plans […]

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Real Estate

What Type of Property Should You Buy?

by Tom Sylvester March 3, 2014
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This is one of the most common questions that I get when working with new investors, and I guess that it is to be expected.  Not only are there a lot of different types of properties out there, but there are also different strategies and pros/cons to each strategy.  So in this post I will […]

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Real Estate Tips

A Beginner’s Guide to Finding a Real Estate Mentor

by Tom Sylvester February 24, 2014
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One of the common questions that comes up on this site and in many of the meetings with investors that I attend is the topic of mentors.  Many people, especially those getting started, want to find a mentor.  Some of the common questions that I hear are: What is a mentor? How do I find […]

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Business Management & Productivity

One Way to Avoid Broken Toilet Phone Calls at 2am

by Tom Sylvester February 17, 2014
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Have you ever heard this one? “Yeah, I’d love to invest in real estate, but I don’t want to get called to fix a toilet at 2 AM.” I’m sure you have.  I hear it every week, but it has not stopped myself and many others from investing. Real Estate is a Business One of […]

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Rental Properties

My Favorite Way to Get an Apartment Filled

by Tom Sylvester February 10, 2014
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As a landlord, life is usually good when your units are rented and your customer’s are paying. Now, granted, you may be dealing with other issues, but at least your assets are bringing you in money every month. Life is not so good when you have a vacant unit, or worse, when you have a […]

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Real Estate Tips

How to Leverage Your Cash For Time to Build Your Real Estate Business

by Tom Sylvester February 3, 2014
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What’s in your wallet? While most people would answer that they’ve got money in there (hopefully that is true), I want you offer another item in your wallet that people spend every day without realizing it… and that is their time. If you have followed this blog, listened to the podcast or participated in the […]

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