Investor · Leawood, KS · Member since 2016 · 8 posts · 3 votes
Our investment holdings continue to grow at a great click. But am now closing 4 maybe 5 properties in 7-10 days, asking for advice on what to look out for when purchasing this many? Anyone have good system building advice or lessons learned? We are pretty analog right now.
I Love your "all in" attitude. Congratulations, The only thing I would say is "organization is key"... Basically, I have quite a bit on my plate with my full time job and my side business of Rental properties, I would recommend making a detailed list of everything that needs done on a property, duplicate it for each property, schedule everything out to a T.. I find that spending 20 minutes a morning on a "To Do" list and my Google Calendar makes me much more effective. I doubt any of this advice is new advice, but sometimes it just helps to be reminded of everything.. And, once again.. CONGRATULATIONS and keep it up!!
Thanks @Michael Beeman! I too have a full time gig and this is the side hustle and I'm long in getting back to the post, well because we just closed on 4 properties last week, which was awesome! It's become pretty apparent that even though we thought we had our basic systems figured out that we have a LONG ways to go in continuing to build those out. Particularly now as we start renovations and then move on to leasing and permanent financing. Do you use checklists and if so how detailed do you find them being to get a good return on your time to create them? Thanks again!!