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Have you ever wanted to invest using professional management, but were scared of being ripped off?
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Who isn’t?!?!
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In this article, I’m going to talk about the specific action steps you can take to feel:
When it comes to managing and building your real estate portfolio using professional management.
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Managing your management team is one of the most important Post-Closing skills you want to master when getting involved in any kind of cashflow real estate, whether you’re closing on a triplex or an apartment building.
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So, what exactly does that mean?
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Anytime you’re looking to create a scalable business model in real estate, that allows you to have not only financial freedom, but time and location freedom as well, you’re going to be employing the help of professional property management.
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When I was a new investor, nearly two decades ago, I bought into all of the “passive income”, “mailbox money” and “live on the beach and ...
If you have been struggling to find deals in your hometown market… you’re not alone. But it doesn’t just stop there. When you find deals, the sellers are asking way too much and it seems like the world is working against you! You spend countless hours searching, but you end up just running out of deals to look at. The numbers never work, and it’s an uphill battle.Â
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And it makes you wonder...is it me? Am I doing something wrong? It’s not YOU, it’s your market!Â
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Real estate markets are like tides in the ocean. Sometimes the tide is low, and there’s infinite opportunities for you to invest in (Buyers Market). But especially now, the tides are high! There’s other sharks swimming in the waters, and the competition is fierce. Everyone is trying to fight over the same fish to eat (Sellers Market), leaving you forced to sit, and wait… sometimes YEARS without doing any deals.Â
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The fact is, it seems like the only way of real estate investing that’s taught these days is the “wait in ...
For many people, the idea of owning rental property is a dream...one they think about for years before finally pulling the trigger.
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Then you finally do it. YES!
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First rental property in the books!
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A nice little single family home that produces a little cash flow.
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Then maybe the next year, you get another...then another.
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And you start realizing that it’s pretty cool to be able to say you own real estate.
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YOU are taking care of your future...not leaving your survival up to the government or an employer’s pension management abilities. It feels good. Empowered!
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But...you start realizing that the cash flow is marginal at best.
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You start looking around and notice facebook groups that seem to focus on multi-family real estate. Hmm - more doors under one roof. On a per unit basis, they’re actually less expensive.
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So you start looking into it and realize that there’s a significantly higher amount of cash flow when you start adding multiple units under on...
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