I ran all my numbers with a hand held HP pocket calculator and a legal pad.I jumped on computers and programming spreadsheets as soon as the technology arrived and have evolved with it ever since.There is no doubt that many of the time tested methods work and should be applied but I believe that also holds true to embracing technology.There is nothing wrong with using it and everything wrong with placing too much confidence in it.Having the ability to create and employ a robust pro forma model is a critical skill set in my underwriting and managing a project.The problems that may come from doing spreadsheet analysis come from poor use, faulty data and a penchant to believe one’s own BS.

We are receiving threats and demands from tenants who recently vacated.Our tenants, who you know were a total nightmare if you're following my other posts, finally embraced the happy clause and are out half way through their lease.Luckily they took exceptional physical care.

Big surprise,  they thought I was nuts going f/t RE 22 years ago.My in-laws were more entrepreneurial and embraced it and cheered me and their daughter on.

Tennis ball stuck in the gutter can lead to damage/leaks, dripping toilet or faucet can rack up a bill, crumbling concrete steps....Embrace being a landlord- it is a blast.

Although there is plenty of market hype, greenwashing, and greenbashing going on, with some basic education you will be able to build or rehab a home that saves the owner money and is healthier for the occupants and planet.

I will say if it has a ton of character or history I do believe embracing that character and history and turning it into an short term rental could be a good idea.

Start eating healthier and taking care of yourself.

Embrace being a landlord.

You must embrace a investors mentality to achieving your financial goals.

I agree, people are very skeptical to embrace Short Term Rental Revenue options because it’s just now emerging in the marketplace with a higher level of profitability because of the leverage of technology and everyone having a smart phone in their pocket.