Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

What tools can we use to analyze the rental potential in other neighborhoods?

I am an aspiring new real estate investor based in CT looking to use the power of real estate as a wealth building tool and income producing asset class.

It's been a great tool so far.

I second Transunion as a decent screening tool.

Not sure how much more I would want out of a Landlord tool than what Innago offers.

Tools like QuickBooks or even a simple spreadsheet can help you mentain compliance and prepare for audits.Reinvest WiselyScaling a short-term rental business often requires reinvestment in marketing, property upgrades, or even hiring help.

Believe me, I’ve seen my share of ups and downs: from navigating interest rate spikes to figuring out out-of-state managment back when online tools weren’t half as good as they are now.

There are several hurdles during the process:Find the deal - Unless you are marketing or plugged into a community where there are opportunities, it isn't always easy to find the right dealsEvaluate the deal - Without professional guidance and research tools, it is difficult for a newbie investor to evaluate and ARV/FMV or create an adequate rehab budgetSecondary exit strategies - If things don't go as planned are their other opportunities to exit profitably.

What are the best Bigger Pockets tools to use for profitability analysis?