Another month, another solid report on the housing data, provided by Altos Research.

@Alex SchumerBookkeeper – Handles day-to-day financial tracking, including expense categorization, reconciliations, and generating reports like P&Ls.

Quote from @Tony Cook: I'm a reporter at the Indianapolis Star who has covered the Clayton Morris and Bert Whalen saga over the years.

Hey Drew, get yourself an engineer to provide you with a report on the current conditions and the repairs needed.

As of Friday morning, FinCEN has confirmed that businesses are NOT required to file BOI reports while a court injunction remains in place.

We self-manage our five-unit property with both—while RentRedi's reports can be clunky, Stessa offers much better reporting.

I would not buy a larger property right now unless you are doing it to try grab a nice equity bump in two or three years once the occupancy rates for that product return to precovid numbers. 

Because it takes "an expert" to explain novation, avoidance of due on sale clauses, ignorance of state foreclosure rescue statues trusts, why you don't need title reports, attorneys or reserves, and don't forget to throw in the Garn–St.

. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.

Just be willing and prepared to make it a long-term investment to get you mentally and financially through any bumps in the market going forward.Good luck!