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Message
re: Information for my fellow Real Estate Investors
Posted on 1/26/16 at 3:28 pm to Fat Bastard
Posted on 1/26/16 at 3:28 pm to Fat Bastard
quote:
Keep us informed and keep sharing info
Will do. After we had our third closed on and got lease signed with tenant, I was ready to sit on the sidelines for 6-12 months and see how things played out. My dad (partner) decided that since we set our goals in 2015 to purchase 2 properties and ended up with 4, we should make our goal 3 properties in 2016 and see where we end up.
He can't slow down. Put an offer on our fifth one on Jan. 8 and will probably close in early Feb. So much for relaxing for a while.
This post was edited on 1/26/16 at 3:29 pm
2
Posted on 1/26/16 at 8:37 pm to stevengtiger
Another tip is if you manage your own property act like you're the manager and not the owner. That way it gives you time to decide things.
Posted on 1/27/16 at 9:39 am to stevengtiger
stevengtiger and others....
How much time do you spend managing the property once you have a tenant? Not talking about cutting grass or regular maintenance that you can do on your own schedule. I mean getting calls to fix things, dealing with problems, etc...
How much time do you spend managing the property once you have a tenant? Not talking about cutting grass or regular maintenance that you can do on your own schedule. I mean getting calls to fix things, dealing with problems, etc...
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