If your real estate investment business is starting to feel like a circus, it may be because you're spinning too many plates. In a way, it's good to be busy: it means you are preoccupied with managing your income, and that should be celebrated. On the other hand, no matter how smart or hard-working you are, your mind and body are finite resources; you can only juggle so much.
Starting the process of growing your real estate portfolio is a lot like starting a vehicle: You need the power to get going and momentum to keep moving. Once you leave the starting line, Newtonian physics is on your side; it’s a lot easier to keep things moving. Getting the power to overcome your initial inertia is the key! Acquiring the right information will take research—in real estate, knowledge is power.
You're Losing Money Without a Property Manager—Here's Why
One of the most significant objections we hear to hiring a property manager is the concern that it's an expense.