•Spreadsheet Formula:•While there’s no standard spreadsheet, you can create one using the following steps:1.Determine Original Roof Cost: 2.Calculate Accumulated Depreciation: Based on the original roof cost and the number of years it was in service.3.Calculate Remaining Basis: Original roof cost minus accumulated depreciation.Note: TurboTax may have limitations with complex entries like partial dispositions.

I will say after you acquire the tax deed.2) In GA, you are getting 20% penalty for the amount of the winning bid.Let's say outstanding tax & interest & service fee are $1000.You won the bid for $30K.

@Sam Peterson You can utilize different online companies (web, phone apps, etc.) for this but if you're new to REI you could gain traction by making your own.

You could also reach out to a local, reputable, property management firm to see if they offer a la carte services for lease preparation, application processing, move in inspection, etc, if you are planning to self-manage but need some help with the more formal items.

Web sites that have been making recommendations for years suddenly claim it is AI.

.- The property is not getting much traction as a turnkey, and your hard money loan is maturing soon.Here are some key things to consider:**Refinancing with a DSCR Loan:**- DSCR (Debt Service Coverage Ratio) loans are great for investors because they focus on the property's cash flow rather than your personal income.- Make sure the property appraises for the calculated ARV (After Repair Value) to get the best loan terms.- Consider the loan terms, interest rates, and any prepayment penalties.

You may pay your servicer a small fee for title search and property valuation (some do full appraisals which can be $450-$600). 

Make sure to research local rates for cohosting and management services to stay competitive.If you're doing this as a side gig or part-time job, it’s essential to time block, create systems, set expectations with property owners, and establish boundaries to ensure a smooth experience for everyone involved.We opted not to pursue rental arbitrage for two key reasons: dealing with landlords and the significant upfront costs to set up and run a profitable STR without the benefit of property ownership.

Does anyone recomend a Rent recovery service or collections service that will go after a tenant who doesn't pay rent or skips out on the rent and leaves.I have their social etc. and they owe me 3 months of rent about $4500 and trashed the place. 

Some mentees will act as a bloodhound for the mentor, knocking on doors, driving for dollars, scouring the internet, making cold calls, or performing other services that help the mentor find new deals.