I am proud to have achieved Super host status on Airbnb for the past year and have received hundreds of positive reviews across various platforms and through word of mouth.Key highlights of my rental operation:Vetting Process: I ensure all clients are thoroughly vetted, maintaining a strict no-party policy to protect property integrity and community peace.Strong Relationships: I am respected by the Landlord Management Team, consistently ensuring both the clients and the management are satisfied.Operational Expertise: Leveraging my operational experience from my time in the United States Army, O&G Manager and as a seasoned operator in the Houston bar scene, I run a smooth and efficient rental operation.I am now looking to acquire additional properties in the Houston area to expand my rental portfolio.

Doing the math, if a seasoned fix and flipper had a well-oiled efficient process and was able to consistently hit $50k per house (after costs and overhead required to go at that pace), he/she would have to do 34 flips in 21 months to make what we made on one deal.

If lower rate trends continue and stay consistent, expect the news to reach sidelined buyers and an uptick in buyer activity towards the end of summer into the anticipated September rate cuts. 

It's advisable to thoroughly document your application and screening procedures, ensuring consistency for every applicant.

If you're going to be able to consistently invest solid chunks of money every single year, then a big part of your focus should be on not losing money versus hitting crazy returns. $50k invested per year at a 10% annual compounding return is just over $9m in 30 years on $1.5m invested.

I believe the one good thing about that spreadsheet is that it can be adjusted by the State you live in. because costs are different in every State the estimate sheet i believe is based on a multiplier for the corresponding State, as most cost estimating books are based. that program does break down a lot of information for you and i think it is a good program, one thing you may want to check is if the program updates every year with current multipliers for the States ( program is probably based on a starting average value for each thing and then the multiplier changes as prices for materials change) and you want to make sure it does that.

Consistent reminder of paying rent, automatic charging of late fees and ability to add addendum for changes in lease agreements.

I'm probably too conservatively minded to use that model myself, but then again my goals are consistent cash-flow and stabilized equity building properties.

Direct mail works but it takes consistency over time.

Since all the expenses on the calculator were listed as annual, I took the monthly values on the realtor website and multiplied them by 12.I'm very confused on what maintenance costs should be estimated at, as well as what I should put for monthly rent.