24 November 2025 | 9 replies
I'm curious about this also, I've been testing Stessa but it's not intuitive and I keep finding weird glitches that make it almost more work than just entering transactions manually.At some point I found it had automatically added a full security deposit return after a move-out, despite me not having manually entered it nor there being a bank transaction - so I contacted Customer Service and then forgot about it because I was testing other software.
12 November 2025 | 16 replies
Over the past couple months I have been using AirDNA daily to analyze projected revenue of potential STR properties in Tennessee and Florida.
28 November 2025 | 21 replies
I’ve found that keeping a simple, daily log makes things a lot easier if you’re ever questioned.
20 November 2025 | 4 replies
I recently got my real estate license and have a good relationship with a broker who will sponsor my license, so I'm not worried about the real estate transaction piece of it.
20 November 2025 | 1 reply
Not common, but for the right situation it works like a micro-bridge at the front end of the transaction.
21 November 2025 | 15 replies
First, I would focus more on transaction size than unit count.
26 November 2025 | 17 replies
In most states you have to prove "there was a meeting of the minds" in the transaction.
13 November 2025 | 7 replies
Track daily: comps set ARV, rehab sets offer, holding costs set timeline; then set weekly milestones for permitting, materials, and contractor draws to keep velocity.
14 November 2025 | 9 replies
Script a daily scrape or API pull, normalize owner + parcel IDs, geofence by buy box, and push hot leads to a simple dashboard with scores like days‑delinquent, equity proxy, and landlord tag.
28 November 2025 | 6 replies
Scope of improvements included:Full interior updates: new flooring, interior paint, lighting, granite countertops, and updated appliancesAddition of high-demand short-term rental amenities: game rooms, custom bunk beds, hot tubs, swimming pools, and putting greensProfessional interior design and full furnishing to optimize guest experience and nightly ratesThese improvements were executed with the objective of maximizing long-term performance, increasing appraised value, and creating differentiated offerings within the Hot Springs vacation rental market.Refinance & Financial PerformanceUpon completion of renovations, we partnered with a local commercial lender to refinance the portfolio.Combined appraised value (ARV): $2,601,000Approved loan amount: $2,200,000 (cash-out refinance)After retiring the hard money loan, the transaction resulted in a net cash return of $300,470.51, which represents $118,181.09 more than our original down payment—effectively removing all invested capital from the project.TimelineThe full cycle—from acquisition through renovation and refinance—was completed in 174 days.OutcomeThe result is a portfolio of three fully renovated, amenity-rich lakefront properties, each now positioned to perform as premium short-term rentals with strong long-term appreciation potential.