💡 Small Expenses, Big Impact on Property Management ProfitsMany property managers keep a close eye on the “big stuff”: mortgage payments, major repairs, and property taxes.But here’s the trap— It’s the small, overlooked expenses that slowly erode cash flow.

If I need more money for a major capital expense than the funds coming available can provide I can withdraw funds from the other certificates and lose 3 months of interest - which is still better than what I would be getting in an interest bearing MMA.

Any other duplex in the neighborhoods we’re considering is more expensive than this place by a significant amount.

.: We Use Lease/Options To Sell, To Reduce Expenses & To Increase ProfitabilityIt gets a little complicated so I'll try to make sense.

Quote from @Joe Steinheiser: Besides just using a spreadsheet, are there any good tools for expense tracking?  

I regularly work with investors who insist on chasing the last dollar.  In other words, they get a solid offer and want to hold out for a better offer.  Your most profitable deal is the next one.  Deal flow is more im...

That’s probably why the stats skew so heavily toward expenses.

There are business expenses and Capital expenses.

One statement = all rehab expenses in one place.2.

Many cities are seeing a widening gap between wages and home prices, making them “impossibly unaffordable.”
https://www.zerohedge.com/personal-finance/mapping-housing-u...
(Wages just haven't gone up fast enough to ...