While I may not build the underwriting models from scratch anymore, I still take a close look at them to provide valuable insights and make informed decisions.Apart from underwriting, I also have a strong passion for property management and renovations.

They expect everything for free, thinking everything takes 5 minutes and costs $0.05!

The project was permitted with all licensed and insured trades and the gut renovation cost $44,000.

Anything you wish you’d known about engineering/permit costs before starting?

Hi everyone,I’m looking for some assistance in finding property management software for three rental properties.

Also, what software do managers use to keep track of their P&Ls? 

You can time renovations, leverage cost segregation, and even qualify for active participation if you manage more closely.Turnkeys are fine for simplicity, but they’re not always the best from a tax efficiency standpoint unless you have other active real estate to offset the income.

I'm assuming this is a turn-key single-family long-term rental that you will be self-managing.

Good management and cleaning is certainly the most important part of that.Hope this helps!

I have analyzed many times the property management business and you have the following business model (this is for in both digital and not)1.