We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.

When selling for sale by owner (FSBO), ensure all legal documentation is in order and consider consulting with a real estate professional or attorney to handle the lease transfer and legal aspects effectively.

@Anish KoshyThere is a lot of information out there on how to do your proper due diligence on a syndication, including the sponsor.

Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

There are three items required to make a successful partnership - Time, Experience, Capital.If you are a syndicator, you are likely expected to have time and experience.There is a lot that goes into being a competent syndicator - Proper communications, finding a good deal, communicating quarterly updates, networking with lenders, contractors, PM companies.You can gain experience by doing your own deals or working for someone who does(Ideally both).I personally think you should cement your experience before worrying about OPM.Best of luck

A small tweak—like adding a cozier blanket or clearer check-in instructions—can elevate the guest experience.Create a Sense of Community: Responding to reviews lets you connect with guests, showcase your dedication to hospitality, and set the tone for future visitors.Tips to Boost Your 5-Star RatingsSpotlight Your Space with Amazing Photos: Ensure your listing photos highlight your property’s standout features.

You can use petscreening.com to handle this task for you and ensure you are compliant, but I still recommend you really understand the law so you can answer questions or assist with requests. 

It should have a good spread to ensure you're not losing money in the long run.

Even if you can't use the full bonus depreciation in 2022, the tax savings could still be impactful in future years.It's great that you’re planning to work with a real estate-specific CPA, as they can help ensure you're compliant and help optimize your strategy for future tax savings.

It sounds like a solid deal, but there’s much more to consider before taking on significant debt.Here’s my advice for anyone new to real estate investing, especially young investors:Properly Vet the Deal: Ensure the numbers are accurate.