#3 is a rule every new real estate investor (and many seasoned, including at times myself) need to remember.

And the key here being that I don’t know how and wouldn’t be able to do it myself, so whatever it costs is what I have to pay 😂 like any field, you have to pay an expert to do it right, AC installation in Texas definitely not an exception to that rule.

We all know what happened on August 17th because of the NAR ruling and lawsuit.

Different States have different rules but in general the harder the data is to get, the more effective it is.

Another rule of thumb is 2% the purchase price to maintenance.

Not sure how they are able to do this or if they are breaking the rules and dont care, but they are actively closing deals in South Carolina.

Some have lots of rules and regulations and are only in it for the education fees.

Depreciation rules for the two definitions are different.A short-term rental (STR) is a dwelling unit that is used on a “transient” basis.

I already have $1,000,000 in retirement accounts which based on the rule of 72 that should be $4,000,000 when I retire if I don't tap into it.

Oh, I also forgot to mention another fantastic and key feature of Landlord studio is the ability to set up bank rules which is awesome.