However, another rent-by-the-room company called HomeRoom does an excellent job souring and managing tenants.

If you are tracking depreciation for purposes of repairs and maintenance (like anticipated timing of a new roof for example), you could probably get away with using excel and then just manually booking a journal entry.

I’m also putting together my “dream” team and interviewing attorneys, title companies, lenders, real estate brokers, contractors and magicians so I’ll be fully prepared when the 100 postcards I send out to randomly selected people results in the 14 offers to sell their notes that represents the average 14% response rate to junk mailings. 

The Qualified Intermediary that you select to support the Exchange is important and price is just one of the factors to consider.Happy to make an unbiased recommendation if you’re looking for more options.

Dealpath seems like it could be a great fit if we scale as projected over the next 3 years, but I want to make sure we're choosing the best tool for our needs.Ideally, we're looking for software that allows us to integrate our existing Excel models and helps with deal organization and KPI tracking.

So project selection, detailed comp analysis, detailed cost analysis, an ARV based on fact. 

As for furnishing costs, you are welcome to PM for my Excel shopping list.

Unlike the frenzied buying behavior during the pandemic, today’s buyers are more selective and are seeking properties that offer true value.This shift has led to increased demand for move-in-ready homes and properties that are in excellent condition.

Are you paying full market value reflective of a property in “excellent” condition, or are you paying an “as is” type pricing?  

To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.