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8 January 2025 | 5 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
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7 January 2025 | 3 replies
If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
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14 January 2025 | 11 replies
Did you find any additional help or learning concerning over-the-counter tax line investing for Texas?
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20 January 2025 | 7 replies
Even if I were to rent it out on Airbnb, the cash-on-cash return isn't very attractive.Specifically, I’m concerned about:High mortgage payments and the financial strain it could cause if the property doesn't generate sufficient cash flow.Cash-on-cash return is low, even with high-revenue short-term rentals.My Questions:Risk Mitigation:Any strategies I can use to mitigate the risks associated with owning a high-value property with a large mortgage?
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9 January 2025 | 15 replies
Pricing tools that exist on the market are decent, but you also need to know how to control it, otherwise, it will go nuts with unrealistic rates far out and extreme last-minute discounts.
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8 January 2025 | 10 replies
If you ever want to have a discussion to explore your options or ask any questions about the concerns you mentioned, I would be happy to help!
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19 January 2025 | 61 replies
I'm someone who values peaceful life and time to the extreme.
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7 January 2025 | 5 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/399840/small_1621449176-avatar-justin80.jpg?twic=v1/output=image&v=2)
27 January 2025 | 17 replies
I would like to go to a more simple software like Rentastic, but here are my concerns.- Loss of historical data (for both IRS audits and for personal portfolio tracking.)- Unfamiliarity of software with my Bookkeeping and Accounting team.
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14 January 2025 | 8 replies
$85K seems extremely low for a garage conversion.