Learn to love the boring stuff too: turnovers, inspections, taxes, utilities, city requirements.

That’s where smart tax planning really helps.

I highly suspect over leverage accounts for a majority of RE investor failures.  

I see similar locations as a "Guest Favorite" on AirBNB.Based on my comps, a lowball rental estimate for long term would be $1900 monthly.However, on AirBNB, taking into account 66% occupancy of similar locations as well as a similar nightly fee, I would pull in around $3000 month as a lower estimate, not taking into account a peak season or heightened demand due to an event.

After hurricane Ian Florida saw drastic increases in insurance rates with lots of insurance providers going out of business or pulling out of the state. There was a mad scramble for anyone that owns real estate in Flo...

This does not account for the other expenses associated with your flip, such as closing costs, property and title insurance, property taxes, sales fees, etc.

This info can be key for people, especially as a new year approaches and many are rethinking their taxes.

I personally use Baselane primarily for its banking and accounting features, as it is not a property management software.

It really just comes down to what you can handle right now and what your long-term plan is.From a tax standpoint, here’s the simple version: selling might actually help you more than you think.

Some of these people have been sitting on it for 20, 30, 40 years and have done nothing with it but pay taxes on it.