I can confirm that this description hits the nail right on the head.My Technical Expert traits have been fundamental in allowing us to steer Rentwell through the unpredictable nature of our business.

Nature can be a great asset, resist wholesale clear cutting!

In conclusion, the parallels between the financial challenges of 2007-2012 and the current market conditions of 2024 serve as a powerful reminder of the cyclical nature of our industry.

I would have to go back and look at the costs and then divide them amongst my properties to figure it out but right now I am paying for the following subscriptions:Guesty for HostsRing CamerasPrice LabsHostfully GuidebooksREIHubZapierSignNowWhen I purchase one of these subscriptions it is usually based on the criteria of how much time can it save me, or how much additional revenue can it make me, or how can it improve my business.  

My plan is to steadily acquire smaller multifamily properties and eventually roll them into larger multifamily deals, which is a natural fit, given my professional background.

I think this is all based on preference.

Maybe it's a human nature thing and I evolved from some other strain of extinct Neanderthal that made decisions based on need rather than social acceptance.

Duplex is a great first step into the REI market if you can buy one that you can put in a little TLC/renovations, you can quickly refinance in as little as 6 months and buy another property keeping it as a rental.Duplex allows you to use the other "Unit" rents to qualify for the loan or higher loan amount.Rent is a waste of money when you look at an amortization schedule and payoff based on a 5 year model your rental has (ZERO) equity and a home has money you can pull out.

LOL.There’s a WORSE WAY and a BEST WAY to try to obtain items 1-4 aboveBEST WAY: College or Professional Association courses in real estate (real estate license course as a base) and work experience for a REIT or other professional real estate organization and capital saved or equity raised from private parties with a MODERATE amount of debt leverage and or utilizing creative financing with low interest rate debt (may be highly leverage)WORSE WAY; Any guru courses or mentorship’s combine with high interest debt. 

To protect the purchaser of the wrap-around mortgage, Texas Senate HB 43:provides for wrap payments to be held in a constructive trust by the seller for the benefit of the buyerestablishes that anyone collecting or receiving a payment from a wrap borrower in connection to a wrap mortgage owes a fiduciary duty to the borrower for the paymentsdiscloses the nature and risks of wrap transactions to buyers and offer consumers the right to rescind transaction/agreement when disclosures are not made timelydefines “wrap mortgage loans” as a residential mortgage loan:made to finance the purchase of residential real estate that will continue to be subject to an unreleased lien that attached to the property before the loan was madesecures debt incurred by a person other than the wrap borrower that was not paid off at the time the loan was madeobligates the wrap borrower to the wrap lender for payment of debt, the principal amount of which includes the outstanding balance of the debt and any remaining amount of the purchase price financed by the wrap lenderclarifies that a wrap mortgage loan may only be closed by an attorney or title companyprevents “house flippers” from registering as financial service providersprohibits a person from making wrap mortgage loans unless the person is licensed or registered to originate or make residential mortgage loansThe new law goes into effect on January 1, 2022.