It’s the system surrounding it.A property is static.

Tomorrow I’m walking my first true heavy, systems-driven BRRRR in Cincinnati.I’ve owned buy-and-hold rentals for years, but this one is different:•Double-layer roof at end of life•Knob & tube present•Foundation cracking + grading issues•Water intrusion in basement•Safety and code upgrades neededThis isn’t cosmetic.

As someone starts to grow and scale, your systems are going to either be your best friend or be your downfall.

I’m open to investing as an LP in 5–20 unit multifamily deals and would love to connect with experienced local GPs who have closed deals in the area.

I’m open to investing as an LP in 5–20 unit multifamily deals and would love to connect with experienced local GPs who have closed deals in the area.

If you value flexibility, you need systems that support it.This comes up often from a lending perspective, but it applies everywhere:GPs vetting LPsLPs evaluating sponsorsCo-GPs choosing partnersLenders partnering on dealsEveryone is underwriting someone, not just the deal.Before entering any partnership, ask this question.It is not only about what you are looking for.It is about understanding what they are looking for in you.

The best PMC's have VOIP systems that record every call.Tough for a DIY landlord to justify the cost of these systems. 

Curious how other investors stay on top of deadlines once deals start stacking up.I’ve been seeing a lot of newer investors juggle contracts, addenda, and lender requests all at once — especially when running multiple deals.What systems or processes are you using to keep files clean and closings smooth?

For a hierarchical master key system with interchangeable cores, you’re thinking about this the right way.

I have managed several of my own rental properties and properties on I am partners on. However, I am starting full property management and now I need to be able send out a 1099 at the end of the year to the owners. I ...