Benjamin J Thompson
AI Analysis Tools? Which is best and why? Anyone using any of these and why?
5 December 2024 | 11 replies
The manual entry of numbers has moved to an automated model with accurate ARV, Cap Rates, etc.
Frank Harris
Does anybody have a New Build with Blacktip Construction Group in Cape Coral Florida?
27 December 2024 | 93 replies
We also have different single family and duplex models available.
Gabriel Williams
Lots of requests for mid term rentals
12 December 2024 | 6 replies
Yes, but that's our whole business model, so it's not terribly surprising to us. :)You're in the right forum to learn about MTRs.
Jewell Arceneaux
BRRRR- My first home investment
11 December 2024 | 6 replies
Taste and style changes more frequently in these areas, so they feel dated faster.
Hemal Adani
Anyone has invested with Open door capital? How was your experience?
22 December 2024 | 105 replies
As has been pointed out already, it's a different business model and do they even know to manage it?
Catherine Javier
Keep, refinance or sell?
18 December 2024 | 15 replies
A 1031 also adds complexity and timing pressure.Watch Out For:Opportunity Cost: Renovations tie up cash that could go toward other investments or reserves.MTR/STR Management: These models require more time and effort than LTR, even without a property manager.Market Risks: WA properties may appreciate slower than expected, and higher costs could reduce your margins.If cash flow is your priority, option 1 (renovate and STR/MTR) likely offers the highest upside.
Mike Sfera
New to REI; looking to learn and connect
13 December 2024 | 9 replies
It’s always smart to do your homework and make sure the provider’s model aligns with what you’re looking for.As for fees, management companies typically charge 8-10% of the monthly rent.
Jake Baker
Co-Living (rent by the room) BRRRR
11 December 2024 | 10 replies
Quote from @Jake Baker: I recently purchased a property in Jacksonville, FL, and plan to execute a BRRRR strategy with a coliving model (renting by the room).
James Masotti
Project management software - how do you manage your projects?
17 December 2024 | 17 replies
Here is a list of potential options:Trello/Asana/Zoho Projects/Freedcamp/Basecamp/Workfront/Monday.com/Jira/etc,etc,etc,etc,etc - General project management software that includes tasks, Gantt scheduling, calendars, project forums, document storage & team collaboration toolsTeamGantt/Gantter/MS Project - Gantt Scheduling Softwares for creating Gantt Charts & Timelines, & managing tasks.Podio - Customizable system that allows you to build workflows, track tasks, track leads, etc.Smartsheet/AirTable - Provide spreadsheet style platforms with additional functionalities for uploading documents/images, assigning tasks, calendar, images, etcOffice 365/Google Sheets Spreadsheets - Believe it or not, a lot of successful flippers still manage their entire business in Microsoft Excel or Google Sheets.