Good morning! So I try to keep this as REAL LIFE and RELEVANT as possible. I want to tell you about a revelation I had on Monday. Around 2 pm, I received a call from our contractor in Philadelphia about whether or not we wanted to include a dishwasher and a disposal in each kitchen for the duplex we are […]
let’s talk : BEING A SUCCESSFUL LANDLORD
Good morning! Over the past few months we have gone from “managing” one vacant unit to managing four occupied units! We have been fortunate and unfortunate enough to learn A TON in those few months. One thing that has really shocked us is just how many “bad landlords” there are out there. Our team has always been on the same […]
let’s talk : MANAGING YOUR OWN PROPERTY
Good morning! About a month ago we made the decision to stop working with a property manager and start managing our own properties! Let’s talk about that. So, as we do, let’s talk Real Estate, let’s talk MANAGING YOUR OWN PROPERTIES… FIRST OFF, WHAT ARE THE ROLES & RESPONSIBILITIES OF A PROPERTY MANAGER? Essentially… Set Rent Collect Rent Screen […]
let’s talk : OWNER REPORTING
Good morning! Over the past month we have acquired a triplex and are working to close on a second single family home in the coming weeks. Now that we are finally expanding, my former risk analytic minded-self felt it was pertinent to start putting together some monthly reporting for myself, and my business partners. So, as we do, let’s […]
let’s talk : PREPPING YOUR BANK ACCOUNT FOR REAL ESTATE VENTURES
Good morning! We are gearing up to start a second flip (fingers crossed), and I am working to ensure we have enough cash in the bank. There are so many ways flips, funding, the whole thing can go wrong. Let’s talk about what I am doing to prepare, and hopefully after reading this, you can share some tips with […]