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4 November 2024 | 10 replies
@Zach RumfieldEstimating an ARV involves using public sales data, subscription services, local tax assessor's website, real estate agents, CMA tools, and local appraisers.
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4 November 2024 | 14 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.
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6 November 2024 | 22 replies
AirDNA and Mashvisor are two good tools to consider for determining the price you can get as an STR.
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4 November 2024 | 34 replies
As a screening tool, I ask for proof of funds before we bother a tenant and show the property.
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5 November 2024 | 11 replies
Tools like Airdna and Pricelabs can help too, you just need to filter out STRs.Let me know how I can help
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7 November 2024 | 30 replies
Christian I would highly recommend Dealcheck free versionhttps://dealcheck.io/But make sure you give all estimates from tools a margin of error.
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12 November 2024 | 171 replies
REITS can be more highly volatile where they have super strong years and really negative years for returns.An UPREIT is another tool in the toolbelt of investing.
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6 November 2024 | 22 replies
Hey @Raif HarrisTo get a solid sense of occupancy rates, look into tools like AirDNA or Mashvisor, which offer specific short-term rental data, including occupancy and average daily rates for different areas.
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2 November 2024 | 4 replies
The right advisor can help align your investments with your long-term goals and ensure all parts of your financial life work together.Since you’re in Canada, I’m not able to help directly, but I recommend starting with BiggerPockets’ search tool to find a real estate-competent advisor who may be able to serve you: BiggerPockets Advisor FinderIt’s great that you’re starting here on the BP forums, as this community tends to have good insights and referrals.
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31 October 2024 | 10 replies
Quote from @James Brand: Not having issues, but since Stessa ultimately is the tool I use to manage my books it seems like a natural connection would be an accountant familiar with the tool.