I mostly agree on design, there are ways to have a timeless design.

Speaking last week, he said, “We’ll start to miss that data.”

.- Adding value by offering something unique (design, amenities, niche targeting).+ Or combining STRs with medium-term rentals (travel nurses, corporate stays, etc.) to smooth occupancy and improve margins.It’s not a one-size-fits-all anymore, but with the right strategy, it’s still very doable.

AI is just the latest tech tool.So, they'll be good uses of it and bad.Just like the internet, PMC software, PMC support software, etc..Personally, I think the best uses will be:1) Answering repetitive owner & tenant questions- Will actually provide more human-like responses once "programmed" properly.2) Responding to tenant prospects too lazy to actually read property postings, so they call, email or text repetitive questions.3) Enhancing followup tasks- Will actually provide more human-like responses once "programmed" properly.4) Make data analysis & aggregation MUCH easier!

This is a huge competitive advantage, for which we charge.If you’re unable to lend your own money, consider establishing a balance sheet using a fund or other investor-driven model to streamline your business.

Join us for an exclusive webinar designed for Featured Professionals ready to take their lending career to the next level with BiggerPockets!

That kind of mindset builds long-term success in this business.Looking forward to seeing your contributions here, always room for more driven, community-focused investors.

For your first BRRRR, keep it simple and data-driven: pick a stable rental area, stick to light cosmetics, and make sure your all-in (purchase plus rehab) targets roughly three-quarters of ARV so the refi works.

If it is NOD, TS or Lis Pens data foreclosure.com even foreclosures.com, realtytrac.com, foreclosureradar.comIf it is 30-60-90-120 date mortgage late data then youll have to go to a number of online sources who have access to the credit data.If dealing with credit data there is only one credit reporting service who updates weekly so make certain youre pulling as fresh of data as posible.And 60 to 119 days late seems to be the going choice.If you cant find an online source let me know and I will point you in the right direction.BTW the key difference from a quality of list standpoint between the two list types is the amount of mail people are sending to each.I have found that NOD, TS and Lis Pens data is over used whereas the mortgage late data is more virgin.Also you may want to check with your local title/escrow company and see if they supply the info for free., Most use to however since RESPA started putting their foot down they have slowed the free delivery of this data.

Purchase price: $140,000 Sale price: $160,000 Contributors: Peter Vekselman Partner Driven teamed up with Karen Bridges for a fast flip in Shreveport, Louisiana.