Just read @Jay Helms ten point guide and was wondering how to rapidly determine property class so that I can make smarter offers (basically not overpay or low ball to the point of "is this kid serious?" type of disreg...
I'm doing my taxes for 2017 now. I've had a duplex since 2012, with tenants in it since 2013. 2017 was a particularly rough year--my property management company has recorded $5700 of repairs that were done, and in b...
This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a...
In the world of property management, the question of whether landlords should approve tenants to perform maintenance on rental properties is a common and multifaceted dilemma that requires careful consideration. This ...
100k Purchase price with an ARV of 140k. Some things came up in the inspection that increased my potential rehab costs to 20k on the high side, likely 18k. CoC will be down to about 8.1% with 10% vacancy/repairs as...
Hello BP community and fellow hosts!My wife and I are currently running an STR out in the Joshua Tree market alongside our business partner. What we're most proud of is our ability to automate the entire process where...
There is a lot of discussion around analyzing deals on the front end, and some great calculators on BP PRO. However, I'm not finding a lot of tools to help track ROI performance of [rental] properties.I am using Quick...
Effective financial management is absolutely crucial for achieving success in the competitive and dynamic rental property business. Property managers hold a key position in the process, as they are responsible for ens...
Introduction
Brief overview of the increasing role of data centers in the digital age.Introduction to the concept of artificial intelligence (AI) and its growing influence on data center designs.
The Driving Force B...
I own a single- family home in Corpus Christi, TX. The taxes & Insurance ( combined) have gone up $200 a month since the lease was signed. I don't think the market would bear a $200 increase in rent ( when lease g...