2 February 2026 | 25 replies
I am fairly confident with todays updated software systems even doing those things will be more simplified.
11 February 2026 | 0 replies
Statistical averages don’t account for condition, layout, street positioning, or applicant behavior.
30 January 2026 | 9 replies
@Dorian Spence in general my policy with any online application is the trust but verify.
26 January 2026 | 5 replies
Most management software offers free trials you can play with too.
21 February 2026 | 8 replies
This is going to seem bizarre coming from a Broker - but I am also a long-time investor: the whole real estate services industry needs to be blown up...it's too costly, there is so much redundancy, too many fees that are far from value added (loan application fee, loan processing fee, appraisal review fee) and too many so-called providers with their hands in my pockets.
12 February 2026 | 15 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
10 February 2026 | 8 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
24 February 2026 | 556 replies
Others though, enjoy the vicarious application of misery through State violence.
11 February 2026 | 11 replies
I don’t think you could go any lower than 51%/52% so that you can pay off all borrowed funds.However, even though the numbers are already tight, you haven’t accounted for property management, water, sewer, trash, common electric, accounting and city inspections (if applicable in your city).Your breakeven point occupancy is also more than your 5% vacancy rate, so even-then it’s going to be difficult to cash flow.
13 February 2026 | 3 replies
Always looking to improve it.Thanks John I have a lot more detail in my spreadsheet.I have:a tab for every property (about 35)who owns it as in which LLC or which SDIRAtenants name and contact infoAC filter size, trash day, utility provider and contact info, deposits, last months rent if applicable, move in date, rent amount, late fee per lease etc.Major repairs and dates (Roof, HVAC, water heater etc)I have a automatic running tally of how much they might be behind, if anyI have a summary tab that shows all payments so I can see in one place monthly gross income per entity (IRA vs non IRA owned properties.My tabs are color coded by ownership (Non IRA, SDIRA, Sol401k etca tab that shows ownership by LLC, tac Map ID and page/book where recorded with the Register of DeedsMy Asset protection structure of what LLC owns lower level LLC'c and who is top level ownership (a Trust)I have my STR income broken out on a tab by direct booking, Vrbo and Airbnb a tab for amortization of any loans I have out and payments (one for non IRA loans one for IRA loans)I have a Cap rate tab that shows my ROI by property (some are over 100% within first 3 years) because I bought cheap for cash.