For the most part, all of the real estate based operating systems are geared toward property managers, NOT investors. This includes metrics typically only the manager would need to focus on (work orders, billing, vend...
Effective financial management is absolutely crucial for achieving success in the competitive and dynamic rental property business. Property managers hold a key position in the process, as they are responsible for ens...
Here, I will share my insights on utilizing project management software, conducting effective meetings, and implementing a solid business operating system.
To effectively track progress, I recommend using project man...
Good morning BP family, I am embarking on a new journey to move into a Reg D 506 (c) fund offering to leverage up and purchase Value-add multi family opportunities that are starting to raise their heads now. I've inte...
As a passive investor, my favorite time of the month is when the distributions start flowing into your bank account or your self-directed IRA (SDIRA) custodian account. It’s kind of like payday for a W-2 or the first...
What do you look for when investing your money into an apartment deal? What do you look for in your returns? Do you diversify syndicators? Do you like them to be owner operators as well?Value or Yield?
This thread comes out of another forum discussion where I was asked about the KPIs (Key Performance Indicators) that my families' property management companies track. We have a management company in Memphis, TN. that...
I recently saw a post from Anthony Walker asking experienced real estate professionals and those newer to the business about gaining a competitive advantage and it got me thinking about what competitive advantages a r...
I learned some formulas on this site. Like what percentages to estimate for repairs and cap expenditures etc. I have 1 business checking account and 1 savings account for my 4 family building. I keep the tenants de...
Hi guys,So I have a question for professional property managers, or people who have more than one property they manage...I have a small property management company and I have 2 bank accounts where the tenants deposit ...