
3 May 2024 | 1 reply
Despite the Interest rate and Housing Crises, there are many people who are realizing the importance of Cash flow and Passive Income, and with current Interest rates, is it Realistic to seek a Cash Flow Positive renta...

6 May 2024 | 11 replies
The ones I have heard of/tested are as follows:Beyond Pricing, PriceLabs - are automated pricing toolsLodgify - is strong in website development (if you want to drive direct bookings) but from what I viewed are not as strong in the management toolsYourPorter - Cleaner communication toolOneRoofTop - decent tool set, heavy lifting, questionable sustainabilityMyVR - expensive but decent tool setBookerville - their customers love them, their technology appears to be old school (so does their name)I too am on the hunt for a solution because I want to become more passive, moving away from the daily grind of working "in" my business so I can work "on" my business.

6 May 2024 | 19 replies
Have you had more expenses than revenue?

5 May 2024 | 5 replies
Same principle applies to the seller's expenses and insurance--they're pointless for your underwriting.

5 May 2024 | 3 replies
Unfortunately, it's more expensive today than it has been in the past, but guess what, it will be more expensive in the future the longer you wait.

6 May 2024 | 11 replies
I recently picked one up for a client on Cap Hill that will cash flow positive even with him living in one unit (rare, special circumstances on that one but even if you’re just offsetting some of your living expenses it will be so much better than renting).

3 May 2024 | 30 replies
If you exceed that limit, can you still play this game, subject only to having to allocate your expenses by ratio of abnb days to total occupancy days?

4 May 2024 | 18 replies
In fact, the rule of thumb in the industry is called the 50% Rule: that 50% of the rent will go toward non-mortgage expenses (vacancy rate, repairs, maintenance, insurance, property taxes, management, accounting, etc.).

4 May 2024 | 6 replies
It would be able to identify potential trends and opportunities in markets that would be over looked by the average individual.

3 May 2024 | 7 replies
For example the Average price per square foot to rent in Milwaukee, WI is $1.42.