.: I have an applicant who's going through a rental screening process A.T.M.

* What is your average rent amount for all properties managed?

@Tyler DavisUsing Locations in QuickBooks can get tricky, especially when managing multiple properties.

Hello everyone!  I’m excited to get started on my real estate journey. I’ve done a couple of fix and flips but I’m looking to build a rental portfolio. I’m looking in the DFW market initially and I’m definitely open t...

Even with that, I think we will still be way ahead. 2 bed, 1 bath, 1200sq/ft, detached 1 car garagePurchase Price: $38,000Repairs: $20,000ARV: $96,000 (based off Zillow, but a local real estate agent thought that was pretty accurate)Mortgage: $430Insurance: $55Trash Included: $25Rent: $1,000We are now going through applications for our first tenant. 

Also look back on their application and see if you missed any 'red flags" so this can be a valuable learning experience for you.

If you love property management and want to start a business keep looking into it.Otherwise keep buying income producing properties to generate wealth.

.📊 The 24-Hour Results:✅ 695 New Contacts✅ 100% Email Open Rate✅ 15 House Tour Requests✅ 2 Applications Submitted🔥 The Strategy: Livingsmith Partnership Database ApproachOn Friday, January 24, 2025, we launched a simple but highly effective outreach approach to attract potential tenants and partners.

I like to think I have done ok. for me finding properties is sales - managing real estate and growing your company requires problem solving. 

I occasionally get requests to manage commercial and love to have a referral source.