More great news, our market just keeps on delivering. 

Most CFO clients that I work with that are new construction/home builders usually target a 20%-25% gross margin as they usually have to deliver high teen returns to their investors.Great question. 

Additionally, in Co-Living the property manager walks the property once per month to deliver toilet paper & cleaning supplies (aka property inspection). 

Because Baselane was created by real estate investors for real estate investors, it is tailored for doing your taxes as an REI.

Based on our experience, we’d be happy to connect and share insights into viable areas, property management options, and financing solutions tailored for cross-border investors like yourself.Cleveland is a fantastic market with solid cash-flow potential, but as with any investment, having the right team in place is key.Feel free to reach out if you’d like to connect further or discuss specifics—I’d be happy to help!

I have a great Mortgage Lender tailored to Investments I can recommend for you here in Houston if you want to PM me! 

Their expertise can often pay for itself in the form of reduced taxes and increased savings.Takeaway: Look for professionals with experience in your specific market for tailored advice.By implementing these strategies, you’ll not only reduce your tax burden but also set yourself up for long-term success as a real estate investor!

My book recommendations are not mindset necessarily, they're specifically tailored to passive investing and the reason for this is I think having an educational foundation on mindset and strategy are important but getting too hung up on mindset may actually keep you from taking action.

I recommend considering your cash flow and debt-to-income ratio before making a decision, and consulting with a financial advisor to tailor the choice to your specific needs.Good luck!

I think the tool out-of-the-box is great, but there are certainly ways to take it step further and tailor it to your market.