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11 October 2024 | 13 replies
It's a simple and free tool that everybody uses, and that is at least a backup in case something happens - you lose your hard files, there's a fire, or some file nerd breaks in and steals your documents.
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12 October 2024 | 25 replies
I think the best cashflow markets will always be the tertiary markets of popular states.
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8 October 2024 | 22 replies
A few examples: -OneKey points that can be redeemed for some listings but not others-Certain photos being denied from upload with no explanation for why-Completely failed dynamic pricing tool that puts you in a catch 22 with your calendar At least AirBnb has their IT game in order and a modern and relatively intuitive interface with updated fonts, graphics etc.
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11 October 2024 | 56 replies
Having parents co-sign for the loan (if possible) is such a powerful tool that I do not see used enough.You mentioned renting to college students?
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8 October 2024 | 5 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.
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4 October 2024 | 14 replies
I've always used a mix of tools to track my net worth and spending.
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8 October 2024 | 8 replies
The most popular are Steadily, Proper, and CBIZ.
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10 October 2024 | 16 replies
I run a very popular Philly landlord group and I see so many newbies make naive decisions that cost them dearly.
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8 October 2024 | 5 replies
Also, the LLC does NOT eliminate any personal liability on the next loan application which is a popular selling point by ill informed DSCR brokers on this board (but they rarely mention the higher financing costs that come with financing in a LLC) IMO, proper insurance coverage is a better choice.
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9 October 2024 | 9 replies
While opinions may vary, I rely on data to help drive real estate decisions and planning.Key ConsiderationsEducational Attainment: 77008 boasts higher numbers of residents with bachelor's (12,241) and master's degrees (5,739) compared to 77063.Demographics: 77063 has a higher percentage of foreign-born residents (41.02%) which typically indicates a strong rental market and with 76.86% renter-occupied versus 32.60% in 77008.Economic Factors: Median income in 77008 is $140,609 with a low unemployment rate of 3.37%, whereas 77063 shows lower median income ($51,899), higher unemployment (9.99%), and more families below the poverty level (16.51%), which may indicate economic diversity but also potential rental payment risks.Age Distribution: 77008 has more middle-aged residents (35-54) [8970 compared to 6,115] and a slightly higher proportion of young adults (25-34) compared to 77063 but both are popular with younger adults suggesting strong rental markets equally exist.Housing Market: 77008 features a higher percentage of family households (52.39%) and married-couple families (44.77%), suggesting stability and potential for property appreciation.Digital Advertising Demand: Houston Heights apartments (77008): 50,000 average monthly searches.