As a Baselane user and fellow landlord, I really want to understand how this went down and what I can do to protect myself.

@Dennis GallagherIt's my understanding that the "Income-Expense Ratio" primarily use operating expenses as the expense variable, which includes costs like utilities, property taxes, insurance, maintenance, repairs, property management fees, and trash removal, all of which are considered when calculating a property's operating expense ratio (OER).You calculate OER by dividing the total operating expenses by the gross operating income of a property.

I moved to Florida in 2017 and have been involved in 45+ flips and currently manage over 36 units throughout Tampa Bay.

Looking for advice from you BP pros out there.I will be purchasing either a single family residence or multi family residence home in the Cleveland, Ohio area no later than January 2025 and intended on purchasing usin...

But the struggle is real right now…  Yes, understandable. 

By understanding historical patterns and market trends, we can navigate through down periods and position ourselves for growth.

@EJ Concepcion to my understanding you should start getting monthly returns and opt to reinvest it.

You should know how you can contest your assessed value, especially if you are buying the property for below current assessment.You should understand if there are any tax abatements available today or in the future.There are real estate tax consultants in basically all major markets, or your real estate agent can likely help with some basic questions, as well.

As I understand it, this is primarily found with MF.

With your CPA background and audit experience, you already have a strong foundation for analyzing deals and understanding the financial side of real estate—a huge advantage as you dive into this new journey.