Key Market Movers and How to Track Rateshttps://www.biggerpockets.com/blog/2024-dscr-loan-rates-and-...How Do DSCR Lenders Calculate Your Interest Rate?

I can’t lie, I felt a little jittery stepping in, kind of like I was about to bet on a horse race without knowing which jockey had the best track record.

My strategist explained possible implications could be (1) longer initial vacancy (~60 days), and (2) potential for PM team to not perform well (as there was not yet a proven track record of their work with RTR).After much discussion, we pivoted to a townhouse in Dundee, FL.

Many decisions can be made to keep a project on track as it goes. 

The market can be tricky with its block-by-block nature, but it's been a great fit for all-cash purchases like yours.I also have a team on the ground in Detroit that helps manage everything from finding deals to overseeing rehabs, which is crucial for out-of-state investors.

There's really not a cost-effective solution for utility monitoring for SFR, other than Nest.WhatsApp for business communications is lmited - how do you scale and hire someone to handle, while being able to track what they do?

It’s incredible to see how these investments are paying off, and I’m on track to hit the six-figure mark in revenue by the end of the year (With just the two airbnbs I was already on track to hit that figure, the third Airbnb will definitely help haha!).

There's ways to kind of build this up, this is a well thought out plan but it's just that-- a plan.You'll face obstacles, the stress of this will get to you, how do you keep yourself on track?

In my market there are 2 reasons that keeping is smart.  1) the historical long term appreciation is on going, going back to when records started tracking the appreciation 2) the property tax is near fixed cost.  

It’s always better to overestimate expenses and be pleasantly surprised than to underestimate and get caught off guard.Hope this helps, and good luck with your analysis—sounds like you’re on the right track!