Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
I can provide him with an online log in so he can review the books from his office.
Kareem Hammad
New Agent Wanting To Learn About Investing Too
18 January 2025 | 10 replies
BiggerPockets has great books and podcasts for beginners.
Andrew Katz
What year do I count income for?
15 January 2025 | 9 replies
It would be Jan income.He only knows about it, but if an accountant is just running his books on QBO or another platform and only connect with the feeds.
Paloma Wodehouse
Strong Tenant Laws & How to Protect Yourself
14 January 2025 | 8 replies
Too many landlords bee-bop along thinking real estate investing is easy . . . then they get hit with a problem (or 20) and their world is turned upside-down because they don't know what to do.Read my book.
Bailey Rentz
Done with Stessa. Where should I go?
13 January 2025 | 10 replies
I switched from Quick Books to Baselane and I am SO glad I did.
Alice Fairbairn
Maximizing ROI: 3 Key Features to Focus on in Short-Term Rental Properties
14 January 2025 | 9 replies
It’s all about what will draw guests in and make them choose your listing over others.2️⃣ Standout Amenities: Rentals that offer something extra, like a hot tub, game room, or eye-catching design, often attract more bookings and higher rates.
Kolby Knickerbocker
what questions do you ask/data do you analyze to select investment markets?
15 January 2025 | 5 replies
The reality is a lot harder than some books make it sound like.
Nick Rivers
How to become an expert underwriting deals?
19 January 2025 | 11 replies
That book gives a lot of great information on underwriting.
Jesse Rodriguez
Miami Short Term Rental
7 January 2025 | 0 replies
Seller is the Agent.Seller bought property in January of 2023 for $730,000Current “As Is” Value : $770,000Target Acquisition Price: $730,000-$780,000 After Repaired Value: $900,000Repair Estimate: $120,000Initial Offer Amount: $715,000Loan Program: Bank Statement Program.Total Estimated Monthly Payments (Principal, Interest, Taxes, and Insurance) $5500/month (based on $770k purchase price)Estimated Gross Yearly Income from Short Term Rental: $160,000 (65% Occupancy, $700 a night| (STR Listing Comparable properties Listing 1 Listing 2 Listing 3)Net Monthly Income after management and taxes: $11,751.25Net Monthly Income after Mortgage Payments: $6251.25 ($75,015) Per YearTotal Cash Investment: $297,000 ($177,000 in down payment and closing costs and $120,000 in repairs)Average Yearly Return on Investment: 25% yearlyAverage increase in property value per year: 5%Average increase in booking revenue per year 7.5%Property Value average after 10 years: $1.5 millionTotal Cash received over 10 years: $1.3 million.Total Equity multiple min over 10 years: 6x total return on $297,000 invested.
Christopher Stevens
REI Nation Property #4 - 7320 Marrs, TX - Thanks REI Nation!
7 February 2025 | 16 replies
I'll be completing a book (later this month) titled Turnkey Real Estate Investing.