@Kody Smith We use AppFolio and overall, we’ve been really happy with it.What we like:Super easy listing and background verification processACH payments make rent collection smoothBuilt-in CRM for handling maintenance ticketsTenant messaging option (so we don’t have to give out our personal phone numbers)If you have the budget, their Smart Maintenance feature is worth checking out — it routes tenant calls through a call center and sends notifications to you, which really cuts down on handling small tenant issues yourself.What could be better:The accounting side could use improvement.

This home had clear value from the start, requiring no repairs and sitting in a desirable area with active buyers.

If that is the case make your offer as clear as possible to the agent and seller.

Now, in my Open Door Capital/Disrupt Equity report you will see me applauding their purchases of 4401 Glenview Ct and 516 Stafford Springs Ave because they are great and financed as promised in the offering documents--but you will also see what appears to be clear cut securities fraud.

Even though I had insurance and had even added on a couple optional items, it was death by a thousand cuts on the repairs.

That means:🚫 No posting on social media🚫 No blasting your deal to an email list of strangers🚫 No promoting your syndication on a podcastThe SEC is clear: “No general solicitation or advertising to market the securities.”If you want to publicly advertise, you’d need to use Rule 506(c)—which requires investor verification and limits you to accredited investors only.🚨 Warning: If you advertise a 506(b) deal publicly, your entire offering could be invalidated, leading to legal consequences.2.

A part of this as an REI is ensuring you have crystal clear financials down to the property level, actually reviewing them regularly, and using them to make better decisions. 

Are we really going to cut our comp down to $500 bucks on a deal that will take 30 days to close? 

Flights into secondary markets from the major hubs are already being cut as much as 20 to 30 percent.  

I have noticed that investors who focus on rehabs and flips often find it helpful to have a clear system to track motivated sellers and off-market opportunities.