Hey there, Reader! Managing your rentals can sometimes feel like a juggling act, but it doesn’t have to be that way! 🎪 Here are three quick time hacks that will help you stay on top of your game as a self-managing landlord: 📅 Calendar Blocking: Your New Best FriendSet aside specific blocks of time each week for your landlord duties. Whether it’s handling maintenance requests, reviewing financials, or checking in with tenants, calendar blocking helps you stay organized and ensures that nothing falls through the cracks. No more last-minute scrambles! 🙌 🛒 Batch Your TasksGroup similar tasks together and knock them out in one go. For example, handle all your tenant communication at once or schedule property visits back-to-back. This minimizes the time you spend switching between different activities, boosting your efficiency! 🔄 📦 Create a Maintenance KitAssemble a go-to maintenance kit with all the essentials. This will save you from hunting down tools and supplies every time a small repair is needed. Bonus: Label everything for extra efficiency! 🛠️ Ready to take your self-management skills to the next level? 🚀 Join us for our FREE webinar, “Self-Managing Your Rentals on Autopilot,” on August 14th at 7 PM CT. You’ll learn even more strategies to make your rental business run like clockwork! ⏰ Looking forward to seeing you there! 👋 Cheers, Amelia & Grace P.S. Say goodbye to Excel spreadsheets and tedious calculations! With the Backflip app, investing in properties has never been easier. This all-in-one solution allows you to analyze deals, pull comps, and secure funding for any property in just a few minutes. Simplify your real estate journey with Backflip today! |
🤙🏻 We're two full-time millennial real estate investors who excel at showing the authentic side of investing. Neither one of us had experience in real estate investing before we got started but we've been able to bootstrap our way to owning over 25 doors each. Join our mailing list for all of our tips and tricks of the trade plus invites to our monthly free virtual meet ups!
Hey Reader, Grace here! 👋 I don’t know about you but I have to give Amelia a huge freaking pat on the back. Not many investors are willing to dive that deep on their deals. And she just gave you the entire run-down on her 11-unit purchase & sale! (read here if you missed it!) If you read that series and are thinking “I want to do that but don’t know how to find deals 🤔”...we’ve got you! Let’s talk about ways that YOU could find your next property. In honor of Valentine’s Day this week (or...
Hey there, it’s Amelia! 👋 If you’ve been following my journey with the 11-unit apartment building, now's probably the moment you’ve been waiting for…how much I made on this deal. I’m breaking down the total profits, including cash flow, bonuses, and the final net profit from the sale. Spoiler alert: it was a big win! 💸 If you haven't read the previous emails in this series...you can catch up [here]! The Numbers Purchase Price: $495,000 Sale Price: $690,000 Equity Split: 60/40 (I got 40%) My...
Hey there, it’s Amelia again! 👋 Ready for round two? I’m diving right into the nitty-gritty of what happened after we closed on our 11-unit apartment building and the real lessons I learned along the way. Spoiler alert: things didn’t always go as planned. 😅 Grace and I always joke that real estate is frequently two steps forward, one step back...and the last 3.5 years with this property are no different! If you remember from last week’s email, I closed on the property in August 2021, and I...