During the Demos we were told that they had plenty of clients that used auxiallry software like PropertyMeld maintenance and FinDigs application screening with RentVine and loved it.

The #1 determinant is the Tenant Pool.If you don't believe us, try putting several Class D tenants in Class A apartment buildings and watch what happens.

More of something to think about, and like I said, I'm not sure I believe that, but as we discussed the careers of several agents that we have watched over the years, it was pretty much true in these examples.Another idea is to visit new home builders in those cities. 

Do other premium users find value in the income insights feature for applications? 

😁 Your NameNoah Bacon🧠 What would you consider your area of expertise House Hacking, property management, deal analysis, watching the Philadelphia Eagles🙌 What are you most looking to get out of BPCON 2024Connecting with first time investors that have closed on their first deals this year!

I'm under no pressure to do or buy anything so watching the CRE space play out from the sidelines works just fine for me.If that's your definition of a clown, it's time for me to go paint my face! 

However, it seems none of the metrics is applicable to the German market.

Hiring a bookkeeper to watch the income/expenses is like hiring a gardener to tell you how many roof shingles are laying on the ground after a wind storm instead of hiring a roofer to repair the roof.I recommend that you look for a quality property manager who can maintain the properties and help with the bookkeeping.Start by going to www.narpm.org to search their directory of managers.

Just watching YouTube videos gives you only part of the solution. 

Assets identified in this study include:Permanent Fixtures: windows, doors, bathroom fixturesStructural Components: Roof construction, drywall, wood framingBuilding systems: water heater, electrical distribution, HVAC, plumbingInterior Construction: Wood flooring, stairs, ceramic tileThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.