
4 October 2024 | 14 replies
The main difference between free and premium is that premium saves all your data and also provides tax analytics.

2 October 2024 | 3 replies
What data points are most important to you in your decision-making process?

4 October 2024 | 1 reply
Anyways, fast forward we are finally gaining momentum and will be done in 30 days but my maturity is Oct 23rd which is not enough time to have it sold and closed on.

30 September 2024 | 8 replies
I only have 7 months of data, but other hosts say Padsplit tries to at least keep everyone as close to 80% as possible.

6 October 2024 | 12 replies
The idea was to find a property, 4-plex, that would allow me to break even, cover the mortgage, and hold onto it as a long-term investment.However, analyzing the data and really coming to terms with Colorado's market, I’m rethinking my approach.

6 October 2024 | 33 replies
When someone presents to "tap" Private-$ we want to do as little thinking as humanly possible, that's to say the burden is on you the proposed borrower to present a complete, detailed "pitch" outlining the allocation of every cent, contingencies, time-lines, data supporting each action item.

5 October 2024 | 14 replies
You can also look at Schedule E, which connects to depreciation, though it won’t show the exact cost basis.Since depreciation affects the final cost basis, you might want to ask your CPA for a summary of your properties' bases to save time in the future.They should have a system where we can give you not just the basis but also a detailed gain (and estimated taxes) calculation within a day.
5 October 2024 | 5 replies
Most importantly, the final page has an "authorization to release information" form that is signed by the applicant, authorizing various entities (primarily landlord/employer) to speak to me and confirm various details.

2 October 2024 | 5 replies
I did STR in a duplex starting back in 2017 and managed for others in North Conway, Ive since converted to all long term tenants and happy i did so... unless your property has something unique or a "rare" amenity.... like, sleeps 30, I honestly would not waste any energy on it in the north Conway area. so saturated, and so much big money being invested in the hotels, its tough to match amenities vs cost, and I see travelers trending back towards the hotel style accommodations. granted, for the right price, I'd buy anything and figure out what the best use for it is. use airdna.co for decent data on # of Short term rentals in any particular market. can also identify opportunities. the point of my response.... be careful in STR in any area and always have a plan B. you can change a lot of things about a property, but your cant change your basis!

4 October 2024 | 12 replies
@Keagan Scott It would be nice to know the details of the property for your analysis but, I took a look at some of the backend data, it looks like only a small handful of homes in Nashville IN make over 100K.