There's been probably a dozen times the customers have just done something that needed to be attended to in a timely fashion-- not life or death-- but definitely problem some. 

Missed out on the great COVID rates, had to take out a mixture of Fannie and DSCR loans to close, with sub-optimal interest rates, maybe in the 7s to 9s.

It is a process where every month you tweak things here and there to find out what really draws customers to your property and for them to have a great guest experience. 

Fixer-uppers offer higher returns, lower prices, and more customization but can be time-consuming and stressful.

They have a few excel work sheet samples that you can download and customize.

Customize Your Lease for Room RentalsEven though you’ve got the BP lease agreement, I’d recommend tailoring it to fit your specific room rental situation.

I faced a similar problem and ended up creating custom designed Excel spreadsheets that auto-populate with each other.

The good news is that the financial metrics you've read about are universal and not at all country specific.The bad news is that Germany may just not be a good cash-flow market, compared to the U.S.But then, few markets are.That's why you find so many Germans and Australians and Spaniards and others trying so hard to find great deals in the U.S.And, even in the States, there are plenty of sub-markets where properties routinely fail the so-called "1% rule."

Here are some areas where automation and tech adoption can make a difference: Customer Relationship Management (CRM): Use a robust CRM system to track interactions with potential buyers, sellers, tenants, and partners.

I saw it shared in one of the FI sub Reddits a few weeks ago, and I've been using it ever since.