A good one should be able to give you an idea on what the average nightly rate is, average monthly occupancy, average annual revenue, and if the area is already saturated with short-term rentals.The property manager we recommend has a menu of services you can select so they can do everything or as little as you want.

Ideally you could find a property that does both, although it would be tough to optimize for both.

While it's easy to get swept up in the excitement of finding deals, overlooking these key areas can significantly impact your long-term success.A solid tax plan helps you take advantage of deductions, optimize your investment structure, and retain more of your income.

If you are willing to compromise on those two factors you can optimize for your financial metrics and really try to get cash out of the deal, ideally 25%.But I think a full cash recycle is more of a unicorn, at least for me.

While it's easy to get swept up in the excitement of finding deals, overlooking these key areas can significantly impact your long-term success.A solid tax plan helps you take advantage of deductions, optimize your investment structure, and retain more of your income.

This approach requires meticulous adherence to IRS guidelines to maintain compliance.Collaborating with experts is critical: Tax professionals specializing in real estate can tailor strategies to your goals; and Asset protection attorneys ensure entities are structured to shield personal assets and align with tax laws.Proactively building this advisory team helps prevent errors, optimizes tax efficiency, and supports sustainable growth.Disclaimer: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

I’ve never prospected for motivated SELLERS, so I do NOT have first hand experience on what works - or what doesn’t specific to wholesalingHowever, I do have first hand experience with website optimization.  

While there's no shortage of options out there,as you mentioned, such as PropStream, DealCheck, REI Simpli, and Podio, the aim is to stand out by honing in on what really matters to investors: ROI, value, performance, efficiency, and possibly price.Expanding on what matters as outlined earlier, here are my assumptions regarding what investors might require if I were to launch a product today:User-Friendly Experience: A platform that feels like second nature to real estate investors, with intuitive design and features that make life easier.All-in-One Solutions: A toolbox stacked with everything necessary for successful investing—from finding leads to analyzing deals and managing properties.Seamless Integration: Make workflow smoother by seamlessly connecting with other essential tools and platforms you rely on.Insightful Analytics: Next-level decision-making with advanced analytics and data visualization that help you optimize investment strategies.Now, the challenge lies in the fact that every investor is unique, and the features might be excessive if they don't offer genuine value.

While it's easy to get swept up in the excitement of finding deals, overlooking these key areas can significantly impact your long-term success.A solid tax plan helps you take advantage of deductions, optimize your investment structure, and retain more of your income.

Hey BP community,I'm a developer exploring a new tech tool for real estate agents and wanted to get a gut check from the pros here who really focus on the business and ROI side of things.My hypothesis is that while many agents use free AI tools for a first draft, the hidden "cost" is the significant time spent manually editing for compliance, optimizing for search, and then rewriting everything again for Facebook and Instagram.My question for you is: In your business, how much tangible value would you place on a single tool that could instantly handle that entire workflow?