My cash flow goal was way off once I starting playing around with numbers in the the financial forecaster excel sheet that comes with the Start with Strategy book.I learn best with examples so throwing out examples of numbers of what a bad goal would look like vs. a good one, or even very basic ways to calculate projected returns would be really helpful for me.

Great quick breakdown of a concept that many mistake, and great question above, Jaron.Depreciation on a property doesn’t start the moment you buy it or when it’s sitting vacant, it starts when the property is “placed in service,” meaning it’s ready and available to be rented like Michael mentioned above.

You can show a picture of a giant car fitting in the parking space basically telling the guests they have little driving skills or you can say sorry you found it challenging to park.  

A gator lender is basically a go-between, matching an investor who needs funds for anything - new construction, fix and flip, commercial project, rental, and yes could be EMD - with a lender, not using your money. 

I’m prepared to share basic deal specs with serious lenders to confirm alignment.If anyone here provides POF letters or can point me in the right direction, I’d appreciate the connection.

Basically got my electrical all permitted on the same electrical permit.If codes change, they are always changing, it could be important to document when the work was performed so that it can be proved it was compliant when performed.  

It tracks income and expenses really well, handles digital receipt storage (super convenient), and even helps with basic bookkeeping tasks.

I feel like every host knows the basics — comfy bed, strong WiFi, blackout curtains…But some of the BEST guest reviews I’ve ever gotten came from the small touches no one talks about.For me, the “secret weapon” is a REAL workstation:🪑 ergonomic chair🖥️ proper desk🔌 easy-access outletsExecutives and work-from-home tenants go crazy for it.I’d love to hear yours:What’s one furniture item guests love that most hosts overlook?

They also tend to network with brokers because brokers know who is actively buying.Red flags to watch forUnverified ARVs, inconsistent access to the property, not being able to show equitable interest, pressure to send money before you verify the basics, or any lack of transparency.

Basically, they will put 5-7 properties into a fund, all value-add, all in their preferred areas like D-FW.