Some are spending hundreds—sometimes thousands—a month, draining their financial futureAs real estate investors, we know that wealth isn’t built by hoping for the next big win—it’s built by making calculated, smart moves.

While Stessa is great for cash flow tracking and NOI insights, it lacks the structured accounting needed for tax reporting, loan applications, and long-term financial accuracy.If you're scaling and have multiple properties and business entities, double-entry accounting ensures every transaction has an offset, reducing errors and making tax prep smoother.

However due to limited interest I've dropped the price, and I'm approaching my bottom limit, in which I likely believe it'd be a better financial decision to sell (obviously contingent on the sell price).

One key piece of advice that I would give anyone looking to turn their property into a rental would be to make sure you are in a financial situation to do so.

It really depends on what you need and how you want your financials to read so you can make informative decisions. 

I am 26 years old and trying to set myself up for financial freedom in 10-15 years.

Make sure they understand things like the fact that this project is taking a financial toll on you, that you need to get it on the market before the good selling season is over, stuff like that.

I did get a licensed engineer's evaluation, he suggested that polyurethane foam injections would be a great solution and that failed miserably.  

When evaluating a potential real estate investment, both the Debt Service Coverage Ratio (DSCR) and the 50% Rule can be helpful tools.

I am tired of struggling in my financial life.